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MOVIES - Jan. 29, 1987

Arts and entertainment reports from The Times, national and international news services and the nation's press

Paul Newman, who enjoyed critical success in the hit movie “The Color of Money” for Walt Disney Pictures’ Touchstone Films, has signed a three-year contract with the company for movie development and production. The non-exclusive agreement provides that Newman will develop film properties in which he will star, direct or both. Disney will provide Newman with a New York office.

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