Word: ince
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Dates: during 1940-1949
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After ten years of agile legal footwork, Paramount Pictures, Inc. last week tossed in the sponge in its antitrust fight with the Justice Department. It approved a consent decree agreeing to split itself into two separate companies, one to make and distribute movies, the other to operate theaters...
...Paramount's television interests will be split up. The Chicago station (WBKB) will go to the theater company. The movie company will get the Los Angeles station (KTLA), and the controlling interest in Allen B. Du Mont Laboratories, Inc. With Paramount and RKO (TIME, Nov. 8) out of the fight, the Justice Department hoped that the rest of the "Big Five" (Loew's, Warner Bros, and 20th Century-Fox) would also come to terms...
Last week Fred Levy changed tactics. He would make his wares plentiful and cheap. He switched over to machine production, to step up output. Then he made a deal with Rexall Drug Inc. and 500 other stores, to sell 2,000,000 one-pound boxes at $1 a box this year, and with ABC Vending Corp., world's largest vendors of candy, to sell a 10? candy bar (Blum's first bar) in its slot machines...
...Copyright 1949 by TIME Inc...
...Watch Co., watch repairing; Eddy's Cleansers; Stephen Farrell Cravat Co.; Joe Foster Co., shoes; General Appliance Co.; Green's Luggage Shop; Johnson Printing Co., stationery; Kay's Newport, women's clothing; Kupersmith, florist; Samuel Narcus, stationery; Paul's Shoes; Penn the Florist; C. C. Poters, general appliances; Renmore Inc., women's clothing; Richard Clothes; University Typewriter Exchange; Yoland