Word: loewe
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Dates: during 1950-1959
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Last week Dore Schary could take satisfaction in an impressive vote of confidence from the board of Loew's Inc., which owns MGM. To give them "greater incentive" and assure their continued service, Schary and five other Loew's executives* got options to buy 250,000 shares of company stock at a pegged price. Schary's option entitles him to 100,000 shares. In return, Production Boss Schary agreed to extend his contract (at $3,846 a week) 2½ years...
...others: Loew's Vice Presidents Benjamin Thau, Joseph Vogel, Louis K. Sidney, Charles Moskowitz, and Loew's International Corp. President Arthur M. Loew...
...family will be permitted to hold stock in only one of the companies. To increase competition in certain cities, Warner also agreed that the new theater company would sell from 54 to 81 of the houses in its chain of 436 theaters. The agreement left 20th Century-Fox and Loew's M-G-M still to be split up by the trustbusters...
...night last week a disgruntled movie fan received a soothing visit from the U.S. cinema's highest brass. Shepherded by Eric Johnston, their official spokesman, such bigwigs as Loew's Nicholas M. Schenck, 20th Century-Fox's Spyros P. Skouras and Paramount's Barney Balaban gathered in Washington for the occasion. The fan: Colorado's Democratic Senator Ed C. Johnson, author of a bill to clean up Hollywood morals through federal licensing of movie players and producers (TIME, March...
...writers of these letters should proceed forthwith to Loew's State, and find out for themselves what a really good war movie looks like. For "Battleground" combines a documentary's accuracy with the close-up look at individuals that no documentary can give. And it avoids the stereotyped action (boy meets girl and leaves her because duty calls, corporal hates sergeant because of prewar rivalry but repents when wounded) of "Sands of Iwo Jima...