Word: balaban
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Dates: during 1960-1969
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ARLENE GORDON BALABAN...
...business is like opium-once it's in your blood, everything else is dull," muses Paramount Pictures Executive George Weltner. The habit has proved profitable for him: last week, at 62, he was promoted from executive v.p. to president. In something of a youth movement, he replaces Barney Balaban, who at 76 becomes chairman; Paramount's founder, Adolph Zukor, 91, was named chairman emeritus. Aging Paramount lost $2,800,000 in 1962 when several films were boxoffice flops. Last year it was back in the black, and first-quarter '64 earnings ($1,041,000) were almost twice...
...hospitals, talking to doctors, studying disease rates and nurse-patient ratios. His high-pressure expertise so snowed the selection committee that he won the job over many a more seasoned architect. Entering no fewer than 25 industrial-design competitions at Chicago's 1933 exposition, he won 22. When a Balaban & Katz movie theater offered to spend $5,000 on drapery and upholstery, Pereira remodeled the entire theater for the same price. Later, Barney Balaban gave him $18 million worth of work on the chain's theaters...
Died. A. (for Abraham) J. (for Joseph) Balaban, 73, Midwest impresario of the 1920s movie-palace era who operated on the idea that theaters should be "a thing of beauty, a fairyland," and with his elder brother Barney, later president of Paramount Pictures, built a 100-theater chain (now merged with Paramount) featuring Arabian Nights decor, corps of military ushers, and the rumble of mighty Wurlitzers; of a heart attack; in Manhattan...
...topped by offices, and in its best days it was a masterpiece of soaring arches, spiraling staircases, and original, light-catching setbacks. But time has not been kind: as Randolph Street degenerated, the theater turned into a rundown movie house. Finally this year its owners, a subsidiary of the Balaban and Katz theater chain, decided to tear it down and put up a garage...