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...Break with Bess. What Cinecolor needed most was money, management and the confidence of the movie industry that it could turn out the films it promised. Loss provided all three; first he raised $500,000, cleaned up debts of almost $100,000. Reorganized with Loss as vice president and general manager, Cinecolor's output of film was increased 250% in six months, chiefly for a dozen small-budget pictures (best-known: The Enchanted Forest...

Author: /time Magazine | Title: MOVIES: Profit through Loss | 9/23/1946 | See Source »

Then came the big break. Loss persuaded Metro-Goldwyn-Mayer to make a $1 million horse opera called Gallant Bess in Cinecolor. Due for release this week, M-G-M expects it to be the "sleeper" (surprise hit) of the year. Result: Cinecolor is now booked solid until July 1947, expects to make its first profit this year, about $200,000 net. By the end of next year, Cinecolor expects to be printing 100 million feet of film a year, about half Technicolor's normal production. It also expects to turn out three-color films, with a new simplified...

Author: /time Magazine | Title: MOVIES: Profit through Loss | 9/23/1946 | See Source »

...Independence, Mo., last week, Bess and Margaret Truman turned out to see it. The owner of the biggest department store in town had thought up an ideal going-away gift for his newly married daughter and son-in-law: a deluxe, $2,500 trailer to solve their housing problem at the University of Missouri...

Author: /time Magazine | Title: Education: No Place to Live | 9/9/1946 | See Source »

Telephone Hour (Mon. 9 p.m., NBC). Hérold's overture to Zampa, selections from Gershwin's Porgy & Bess. Soloist: Jascha Heifetz...

Author: /time Magazine | Title: Radio: Program Preview, Sep. 9, 1946 | 9/9/1946 | See Source »

Margaret Truman's "vacation" back home in Missouri turned out to be a summer of heavy voice study. Radio and concert work had been offered her, but she was setting her sights higher: opera. Bess Wallace Truman's daughter had already picked a stage name with the idea of not trading on her father's reputation, though doubtless nobody would be fooled. The posters would advertise "Margaret Wallace...

Author: /time Magazine | Title: People: People, Aug. 26, 1946 | 8/26/1946 | See Source »

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