Word: loew
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...Loew. Denied Nicholas M. Schenck, cinemagnate, President of Loew's, Inc. last January: "There has never been negotiation with Fox or anyone else, either corporation or individual, looking towards the sale of Loew's, Inc., or Metro-Goldwyn-Mayer...
Insisted William Fox, cinemagnate, President of Fox Theatres Corp.. in Manhattan, Feb. 27: "There is absolutely nothing to the report I have purchased Loew properties. I emphatically deny I am even conducting negotiations...
Last week was announced the acquisition by Cinemagnate Fox of Loew's, Inc., and its producing subsidiary, Metro-Goldwyn-Mayer Pictures Corp., bringing the estimated value of Fox holdings to $225,000,000. Almost immediately, Fox acquired two additional theatre chains controlling 113 houses: Walter Reade Enterprises (15) and Schine Chain Theatres (98). Total of Fox-owned theatres: nearly...
Entertainment. Cheers for the cinema, tears for the legitimate theatres were indicated in reports from Metro-Goldwyn-Mayer Pictures Corp., Paramount-Famous Players-Lasky Corp., and Shubert theatres. Metro-Goldwyn-Mayer (common stock owned by Loew's Inc.) earned a net of almost $5,400,000 or $31.21 a share against a net of about $3,000,000 or $16.68 a share in 1927. Paramount reported a record net of $8,700,000, an increase of $650,000 over 1927. The Shubert report showed a $470,822 profit for six months ending Dec. 31, 1928, as compared...
...Woman of Affairs ($58,000, Chicago, Chicago); The Shopworn Angel ($23,000, Seattle, Seattle); Scarlet Seas ($22,000, Century, Baltimore); Abie's Irish Rose ($18,000, Loew's State, Syracuse...