Word: loewe
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Dates: during 1940-1949
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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...
...whirled around Washington at a dizzy pace. Not once, but twice, he tootled off to the National Gallery of Art to inspect the famed collection of German paintings (see ART). With Mrs. Truman and Margaret, he took in the premiere of a new movie, State of the Union, at Loew's Capitol. He went to the Gridiron Club's spring dinner at the Statler, where he made a speech and sat through a couple of hours of heavy-handed lampoonery...
...Carnegie Hall, an audience that had come to watch a demonstration of hypnosis got more than it bargained for. The star attraction, Franz Polgar, was illustrating his powers on a dark-haired young woman when he was interrupted by shouted challenges from rival Hypnotist Ralph Slater (who performs in Loew's neighborhood theaters). Ushers rushed back & forth trying to restore quiet, but the meeting ended in uproar...