Word: loew
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Like a fraternity pledge on initiation day, President Arthur M. Loew of Loew's Inc. (Metro-Goldwyn-Mayer) marched warily into his first annual meeting last week after barely two months in the job. He found his stockholders in no mood to spare the paddles. What made them mad was Loew's earnings, down $1,265,578 in fiscal 1955 from 1954's $6,577,311, and down again in 1956's first fiscal quarter to a mere $248,161, or 5? a share...
...Boston: Danny Kaye shows flashes of brilliance and mediocrity in The Court Jester at the Paramount and Fenway. Picnic is unpleasing because it is dull and Mid-western, though Susie Strasburg is infinitely Central Park West at Loew's State and Orepheum. Diabolique is still the biggest secret since John Thomson spent the weekend at the White House. At the Beacon Hill. Carousel has russet-thatched Gordon MacRae, which is more than anyone could ask, at Keith's Memorial. The Rose Tatoo is all AnnaMagnani's at the Met, which says ". . . Every week is a record. The crowds! The cheers...
...picture has nothing to do with singing. Happy dust fills the air as an absorbed audience watches the hero get his, but not in the end. Eleanor Parker and Kim Novak gradually displace the heroin; as a result, Robert Benchley finds himself unable to sleep in a short at Loew's State and Orpheum...
...Loew's Inc., which runs MGM, announced that its earnings for the fiscal year ended Aug. 31, 1955 will be lower than the $6,577,311 it made for the 1954 period. The dip in earnings is largely the result of two M-G-M box-office flops: The Prodigal, starring Lana Turner, which cost $3,000,000 and to date has grossed $2,200,000 in the U.S., and Jupiter's Darting, with Esther Williams, which cost $3,000,000 and has recouped only...
...Nicholas M. Schenck, 72, last cinemogul to head a major film company continuously from the silent movies to CinemaScope, stepped from president and chief executive officer to board chairman of Loew's Inc. (Metro-Goldwyn-Mayer Studios, Manhattan radio station WMGM, M-G-M records, etc.). Loew's new boss: Arthur Marcus Loew, 58, whose father founded the original theater chain (which by U.S. court order is now a separate company) and merged three fledgling moviemakers into MGM. Arthur Loew attended Alexander Hamilton Institute and New York University ('18), enlisted in the Navy in World...