Word: korda
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...cinemoguls have recently pooh-poohed talk of Hollywood's depression (TIME, Dec. 27), and are pointing out instead how well dividends and box-office returns have been holding up. British film bigwigs like J. Arthur Rank and Sir Alexander Korda are also trying to make light of their economic ills, but it has become uncomfortably plain that a major crisis is gripping the industry that turned out such thriving exports as Hamlet and The Red Shoes...
...England's 26 studios, only nine were shooting films last week. Private financing had tightened up, even for Korda and Rank. At least 1,000 employees had been laid off in recent months, and another 500 had warning notices that they might be sacked soon. Last week heads of three big movie unions urged the government to help stem the firings and to grant the producers' demand for a rebate on its 40% admissions...
...productions, Laurence Oliver's magnificent Hamlet, and Orson Welles' less successful Macbeth, playing at the Astor and Esquire respectively. Sabu gets in his licks with the return to town of his ancient classic Drums, which is billed with yet another tale of the Black Heart of Africa, Alexander Korda's Four Feathers...
...there to be a real boycott of British films? No, said Sir Alexander Korda's U.S. representative, but some U.S. distributors were using the threat of boycotts and pickets as an excuse not to show British pictures. He thought that it was "retaliation, perhaps only subconscious," for British restrictions on Hollywood films. "Until the trouble blows over," Korda announced last week, he will not release in the U.S. four films already scheduled for showing: Bonnie Prince Charlie, Fallen Idol, The Winslow Boy and The Small Back 'Room...
Merle Oberon, who used to be Lady (Alexander) Korda, announced that after three years she and second husband Lucien Ballard were all washed up. He was her cameraman...