Word: loew
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...President Nicholas M. Schenck of Loew's, Inc. in 1934, got friendly with him over office luncheons at which each ate an apple. Three or four meetings and a half-dozen apples later, Schenck asked him a favor. Brother Joseph Schenck (onetime chairman of 20th Century-Fox, now appealing a three-year sentence for income-tax evasion) was gathering a fund to fight "sandbagging" of the movie industry by State legislatures. Somebody had to pick up the money from the industry, deliver...
...practices" for which another receivership seemed inevitable. That was five years ago. Last week Paramount stockholders got their third-quarter report: profits were $3,071,000, highest since 1930 and almost double the $1,726,000 cleared a year ago. More significant, this net was twice that of archrival Loew's Inc. After ten years of tussling, Paramount was again the biggest money-maker in show business...
This week Paramount stockholders were the happiest of a happy lot. At its present rate, Paramount should earn $10,000,000 this year-a record since 1930. Loew's earnings rate points to $8,500,000-$9,000,000. Moreover, the very brick-and-mortar which swamped Paramount in 1933 is now its most profitable possession...
After one of the biggest build-ups in recent Hollywood history, Rita Hayworth makes her costarring debut in R. K. O.'s "You'll Never Get Rich," now showing at Loew's State and Orpheum. She is called upon to fill the shoes--or rather, dancing slippers--of Ginger Rogers, and to twirl the light fantastic with filmdom's ablest dancer, Fred Astaire. It's to her credit that she does a snappy job, although she is continually outshone in their dancing scenes by her flashier partner. This is a fate which was shared by La Rogers as well...
...hard to say whether "Honky Tonk" or "Harmon of Michigan" is dragging them in by the hundreds at Loew's this week. But is doesn't take a great deal of cinematic insight to see that it's the later which is driving them out almost as fast as they can flock...