Word: krim
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...most potent force in U.S. moviemaking is a pair of Manhattan lawyers: Robert Benjamin, 49, and Arthur Krim, 48. At a time when things in Hollywood are going from bad to worse, they have demonstrated a new way to make fat profits and good pictures-or possibly vice versa. When, in early 1951, they took over United Artists, one of Hollywood's oldest and biggest film-distributing companies, it was losing $100,000 a day. Last week, in the first annual report since a public stock issue last spring, President Krim reported record profits...
Benjamin and Krim furnished U.A. with a happy ending by building up the independent producer to be a major factor in moviemaking. They put stars, directors and producers in the drivers' seats, a practice that Hollywood once regarded as "putting the lunatics in charge of the asylum." This attracted a notable collection of talented moviemakers who turned out dozens of pictures that won high profits and praise-High Noon, Man with the Golden Arm, The African Queen...
Though overall movie profits have plummeted, the prospects for profits on good pictures, says Krim, have never been better. "When you have a successful picture these days," says he, "the success goes beyond anything dreamed of years ago." When Hecht-Hill-Lancaster, now the most successful independent film maker, was just starting out, it asked U.A. to back it in what Benjamin called "a lovely picture we thought we might lose a little money on." It was Marty. It cost $300,000, has so far picked up $5,000,000 plus Academy awards...
Mohammed's expansion is accompanied by an increasing disenchantment with the French. The palace announced last week that at long last the King had become "reconciled" to Abd el Krim, the fanatically anti-French Moroccan rebel of the 1921-26 Rif wars, who until now has preferred to live in exile in Egypt rather than to bow to a King he insisted was nothing more than a French puppet. Abd el Krim, now a withered 76, will henceforth receive a pension from the Moroccan government for his past "inestimable services...
...Arab leaders presented a sharp contrast: Mohammed in flowing white robes. Bourguiba in striped pants, morning coat and red fez. Outside the council room, shabby in worn mackintoshes, hovered two leaders of the Algerian National Liberation Front (FLN), Belkacem Krim and Abdelhafid Boussouf...