Word: mayers
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Producer's Showcase (Mon. 8 p.m., NBC). Anatole Litvak's $500,000 Mayer- ling, starring Audrey Hepburn and Mel Ferrer as the star-crossed lovers (color...
...Arthur M. Loew, 59, stepped out as director and chairman of Loew's Inc., largest U.S. movie producer (Metro-Goldwyn-Mayer) and one of the largest theater chains, but will remain as president of Loew's International, the corporation's foreign subsidiary. By quitting before the annual stockholders' meeting Feb. 28, Loew, son of Founder Marcus Loew, hoped to head off a long-brewing proxy fight (TIME, Nov. 12) with a dissident group of stockholders led by Canadian Contractor Joseph Tomlinson, Loew's largest individual stockholder (250,000 shares). To appease the Tomlinson faction...
Written by the Czech Hans Janowitz and the Austrian Carl Mayer, the film was the product partly of their own experience (Janowitz' father had gone insane), and it was partly intended as the masque of an attack on the unlimited authority of the German government. But the director, Dr. Robert Wiene, added the first and last sequences, in the institution, so that the movie lost its political meaning, and offers no ending outside the puzzle of appearances...
...Nicholas M. Schenck, 74, one of Hollywood's last tycoons, quit the board of Loew's Inc., world's biggest moviemaker (Metro-Goldwyn-Mayer studios, some 170 U.S. and foreign theaters, M-G-M records). A Russian immigrant boy who peddled papers, Nick Schenck got in at the start of the picture business, fought his way to the presidency of Loew's in 1927. Last year, as earnings fell and the threat of a stockholders' proxy fight rose, Schenck moved upstairs to board chairman, later honorary chairman...
From Wilshire Boulevard to Wall Street, stockholders in the world's biggest moviemaking company chose up sides in the most colossal management fight in Hollywood history. The prize: control of Loew's Inc., which encompasses Metro-Goldwyn-Mayer, M-G-M Records, some 170 U.S. and foreign theaters, plus a $33 million funded debt. To head off the battle, Joseph Vogel, Loew's president of three weeks, flew from his Manhattan office to Hollywood, hustled through the first leg of a monthlong, no-martini inspection, promised to find out what was wrong...