Word: metro
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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...
...guard, Metro follows the pattern set two years ago by Tim Anderson, and continued by Bill Meigs last season. He is strong, and can be very tough on defense. The other guard is a very promising sophomore named Hal Anderson. Standing 6-3, and weighing 218 pounds he will be very hard to push around...
...only Jew among top Soviet leaders to survive the purges-Kaganovich won Stalin's approval for his loyalty and toughness and got one top job after another. He played an important role in the party purges, was put in charge of the construction of the famed Moscow Metro and finally he became czar of Russia's railroads, a job that he pursued with such vigor during World War II that he instituted the death penalty for failure to make trains run on time. With responsibilities came rewards: his home town was named after him; so were half...
Like a fraternity pledge on initiation day, President Arthur M. Loew of Loew's Inc. (Metro-Goldwyn-Mayer) marched warily into his first annual meeting last week after barely two months in the job. He found his stockholders in no mood to spare the paddles. What made them mad was Loew's earnings, down $1,265,578 in fiscal 1955 from 1954's $6,577,311, and down again in 1956's first fiscal quarter to a mere $248,161, or 5? a share...
...others have followed. Almost two-thirds of film production at Warner and Columbia is now in the hands of independents. Paramount and Fox are yielding to the trend. Even rich old M-G-M had to make concessions; as many as ten independent pictures may be made on the Metro lot in 1956, and in many cases the mouse has nibbled deep into the Lion's share of the profits...