Brilliant Digital Entertainment Inc, launched in Woodland Hills, California to create digital entertainment to be distributed over the internet, on CD-ROM as television programming and for home video, has filed to go public with an initial offering of 2.0m shares, all new, at a target price of $11.50 to $13.50 a share. It wants the $22m or so net proceeds for production of its Multipath Movies, three-dimensional digitally animated stories, for the development of a new production studio enhancement of software tools, acquisition of licenses, and repayment of debt. Lead underwriter for the offer is Credit Suisse First Boston Inc.
