Word: columbia
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Dates: during 1930-1939
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...Columbia. Columbia was the only major film company to show steady Depression profits. Last fiscal year it earned a whopping $9.91 per share on its common stock. Having considered these facts, the Brothers Cohn, President Harry and Vice President Jack, last week announced plans to issue 75,000 shares of no-par preferred stock paying $2.75. Part of the three or four million dollars thus raised will be used to retire a small outstanding issue of $3 preferred, the rest added to working capital. Next week, also, the Cohns will ask stockholders to approve a 50% stock dividend...
Half the story of Columbia's rise can be found in recent hits like Lady for a Day, It Happened One Night, One Night of Love, Broadway Bill, Love Me Forever. Out of the 16 annual awards of the Academy of Motion Picture Arts & Sciences, It Happened One Night, "1934's best picture," took five, and One Night of Love picked up two more...
...other half of the story is what Columbia did not do during the boom. It did not keep expensive stars under long-term contracts. It did not load itself with theatre chains. It did not get itself heavily in debt. Such unusual wisdom in Hollywood was due chiefly to the frugal instincts of the Cohns. Brother Jack's early experiences filming Westerns in a woodsy spot on upper Manhattan Island convinced them that a cheap picture can be made to yield as high a boxoffice return as an expensive one. In 1920 they began their career on Hollywood...
Last week the Brothers Cohn were pleased to learn that the Italian Fascist Party had awarded its prize for the most artistic foreign film to Columbia's No Greater Glory...
...climax was a close-up of the heroine's face while the rest of her anatomy was occupied in carnal misbehavior (TIME, Aug. 27, 1934, et seq.). Last week the Fascist Party's special prize for "the most artistic" foreign film of the year went to Columbia Pictures' No Greater Glory (TIME, April 23, 1934). Adapted from Ferenc Molnar's novel (The Paul Street Boys) about the warfare of two children's gangs for possession of a vacant lot which municipal authorities eventually take away from both, the cinema is a brilliant allegory suggesting that...