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ALSO. . .

The U.S. Postal Service made a $1.3-billion profit in 1997, the third year in a row it finished more than $1 billion in the black. . . . Ocean Spray Cranberries Inc. agreed to buy a substantial stake in Nantucket Nectars, as the nation’s largest maker of bottled and canned juices seeks to build sales of exotic-fruit beverages. Terms were undisclosed.

Inside the business of entertainment

The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.

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