Word: m-g-m
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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...
...most of the evening the TV camera dwelt fondly on a long succession of performing celebrities: Jimmy Stewart, Bob Hope, Marlene Dietrich, Lena Home. But as Cinemactors Margaret O'Brien and Walter Pidgeon were announced, the camera gazed tactfully elsewhere, in deference to the stars' M-G-M contracts, which forbid their appearance...
Greta Garbo, whose last movie was Two-Faced Woman for M-G-M in 1941, last week signed a contract to appear in one picture for Producer Walter Wanger. In the Garbo tradition, everybody connected with the deal promptly clammed up or looked studiously vague. Wanger, who first knew the shy Swede-when he produced Queen Christina for M-G-M in the '30s, admitted that it will probably be a period piece (know-it-alls said a biography of George Sand), shot "in Paris and Rome." Said Wanger, vaguely: "I had a couple...
...Hollywood, M-G-M Director Chester M. Franklin worried about the increasing number of deaths from sleeping tablets. He got an idea, talked it over with Pharmacist Herschel R. Hoskins. Why not put something in the tablets to make them harmless? The result, which Franklin hopes to patent: a sleeping tablet with a built-in dose of that old emetic, ipecac. Taking up to three tablets would cause sleep; more than three, vomiting...
...champagne, M-G-Magnate Louis B. Mayer signed up Dore Schary, thus became Hollywood's first to profit from Howard Hughes's shake-up at RKO (TIME, July 19). As executive producer and Mayer's No. 1 man, Schary will direct production of all M-G-M pictures, draw a salary of about $5,000 a week. Punned an M-G-Mster: "Now everything will be hunky Dore...