Word: hollywood
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Dates: during 1960-1969
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William Jennings Bryan once called him "Mexico's Sir Galahad." Yet Hollywood portrayed him as a cruel, simple-minded bandit who poured honey on his prisoners for the delight of watching the ants devour them. His widow denied stories of his atrocities, said in his defense that "If he didn't like you, he'd just pull out his gun and shoot...
...nonetheless looking for further monetary security as well as diversification. A proposed merger with Consolidated Foods was recently turned down by stockholders. But the company is still looking, with Transamerica Corp., a financial holding company, currently said to have the inside track. Such hardheaded business decisions may not please Hollywood's art lovers, but the trend has mightily impressed Wall Street's moneymen. Variety reported that during the last month movie stocks have risen a phenomenal...
Part of the newly strong financial position of Hollywood is due to an old nemesis-TV. It was TV, coupled with a 1948 Supreme Court action which ultimately caused the studios to divest themselves of theater chains, that put the skids under the movies' fat years. Attendance in 1946, 1947 and 1948 was at an alltime high of 90 million a week; by 1958 it had plummeted to 40 million. Since then it has slowly climbed to 46 million; that was not enough. But TV had discovered movies, and suddenly the storehouse of old films was the studios...
...people live by the venerable adage, "If I don't do it, someone else will." Thus James Hatter has few compunctions about sleeping with his best friend's wife, and Starlet Natica Jackson even fewer about destroying a neighbor's marriage. A bitchy British countess in Hollywood sums up: "After all, everyone's naughty when the door is closed, don't you agree...
...library hopes to acquire such early classics as "Birth of a Nation," and "The Life and Death of a Hollywood Extra." In addition contemporary films like "Jules et Jim," "Sundays and Cybelle" and "La Dolce Vita" will be sought...