Word: davids
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Dates: during 1940-1949
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...Mary and Charlie wanted to go to court about it, as they said they did, that was all right with David. He promptly announced that he would distribute no more of his films through U.A. Instead he would form a new distributing company, a difficult job, call it the Selznick...
Thus, when asked how it felt to be pushed out of U.A., David was able to cry: "Pushed, hell, I jumped...
Love & Kisses. Dauntless David Selznick stepped into the door in 1941. In return for a chance to obtain one-third of U.A.'s stock (now worth an estimated $4 million), David agreed to deliver ten pictures to U.A. within 20 years. At the contract signing, all was love & kisses...
What went wrong? Everybody had a different answer. Mary and Charlie accused David of using part of a $1,000,000 loan from U.A. to develop story properties which he later sold as packages (that is, complete with scripts and even Selznick stars) to other companies, with profit to David, none to U.A. David said that these were his babies and he could do as he liked with them. Besides, the three pictures he had already turned in on his contract (Since You Went Away, I'll be Seeing You, Spellbound) had all grossed more than $5 million each...
Stuff & Nonsense. David concluded that Mary had "an impulsive urge" to run the company, was trying to harass him into selling back his stock. Nonsense, cried Mary. In the first place, David's permanent ownership in the stock was contingent on his delivering all ten of the pictures he had contracted for; if he delivered a minimum of five, he could resell his stock to U.A. at an "equitable" price; if he delivered less than five, as was now the case, he had no rights in the stock at all. Despite David's claims to have bought...