Producer, Hemdale co-founder dies at 71

November 02, 2008 John Daly, the British-born producer who presided over back-to-back best picture Oscar wins as the executive producer of 1986's "Platoon" and 1987's "The Last Emperor," died Friday at Cedars-Sinai Medical Center in Los Angeles after struggling with cancer. Since 2003, Daly had been chairman of Film and Music Entertainment Inc. He also had begun to establish himself as a director, producing, co-writing and directing 2004's "The Aryan Couple," starring Martin Landau. Daly entered the entertainment business in 1967 by joining forces with actor David Hemmings to form Hemdale, a company that managed such rock bands as Yes and Black Sabbath.

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