Word: loew
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Last week the Justice Department proposed that Hollywood's Big Five-Paramount, Loew's Inc. (M-G-M), RKO, Warner Bros., and 20th Century-Fox -be ordered to 1) sell their interest in theater chains they partially control (about 1,400 movie houses) within a year, and 2) submit plans on how they expect to get rid of some of their remaining (about 1,600) theaters within the next five. And each time they buy a new theater they would have to get court approval...
...particular order are pictured Miss Lise Bourdin, James E. Feinberg '49, and a hat by Carve of Paris. Feinberg was a guard on last year's football team, and Miss Bourdin is designated as Miss "Arch of Triumph." They were brought together under the auspices of Loew's Enterprises...
Clean Sweep. In 1938, the antitrust division of the Department of Justice set out to end such tie-in sales. It filed suit against Paramount, Loew's Inc.(M-G-M), RKO, Warner Bros, and 20th Century-Fox to have block booking declared illegal. But in the labyrinth of deals and counter-deals in Hollywood, the antitrust division found that it had to go farther. The same suit named Columbia, United Artists and Universal. It buttressed its case with suits against Griffith Amusement Co. (with theaters in 85 towns in Oklahoma, Texas and New Mexico) and the Stanley...
There Goes the Bankroll. But in July, the backers backed out. David Loew, bigwig in Enterprise Productions, agreed to put up some money on stiff conditions: 50% of the profits to Enterprise, whose label must appear on the film. Reluctantly Kramer and Glass agreed. A shooting date...
Then, in August, Great Britain slapped the 75% ad valorem tax on all U.S. films. The Loew-supported bottom fell out of Screen Plays, Inc. That night, trying to drown their sorrows in gin, the partners succeeded in refloating their enterprise on a tipsy wave of optimism. In four days of desperate rewriting, Screen Plays, Inc. shelled $339,000 off the picture's "nut," without sacrificing the essentials of the story. Loew agreed to stay in. In September, So This Is New York finally went into production-and came out $30,000 under the final budget. Even silent Stan...