Analysts blamed previous management for the problems at the company, which has been struggling since a new chairman took over in 1986.
"Russell wasn't too happy with what he had to deal with in taking over from the previous management."
Inevitably, those executives do not want to make the films that the previous management has in development.
The company's previous management had become notorious for forcing out workers who raised questions about its nuclear operations.
The moves were seen as an attempt to clear up problems associated with Spectrum's previous management.
Under the previous management, crucial information was kept squirreled away, with little communication across the company.
If the bad financial news comes while he is still a newcomer, they say, the previous management can be blamed for the problems.
Talks are more advanced with the regional business's previous management over a possible sale.
Due to legal battles with her previous management, the third single was dropped.
But the previous management has to accept that their advice may be valued without being followed.