Norstar ponders

prospectus

Slumping stock markets seem to be acting as a caution to several Canadian entertainment companies with plans to go public.

One such company is Toronto-based Norstar Entertainment, which had filed a preliminary prospectus with the Ontario Securities Commission but says it may now reconsider whether it will pursue the matter.

Norstar Entertainment withdrew its preliminary prospectus June 15, but Norstar International has a preliminary prospectus going through at present.