Word: mgm
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Dates: during 1970-1979
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...Each room at its recently expanded Tahoe hotel cost $100,000 to construct and contains two baths with telephones and miniature Sony TV sets. A similarly posh addition is planned eventually for Reno, where the company faces new competition next year from two large hotels now under construction, the MGM Grand and the Sahara. In still another move designed to boost income, Harrah's has begun manufacturing more $1 one-armed bandits-slot machines that take a dollar to play. They produce higher revenue per pull and are even more profitable than the company's moneymaking nickel...
...truly dialectical one, in which Thalberg succumbed to Marxist absurdist consciousness even while trying to restrain it: how many other producers who walked into the office to find four naked men roasting potatoes over a makeshift bonfire would have had the presence of mind to send to the MGM commissary for butter...
With one house, a crumbling blacksmith shop, a dance hall and a combination post office-saloon, Luckenbach belongs on an MGM back lot. Its rise began in 1970 when a slow-talking rancher and raconteur named Hondo Crouch bought up half the town, supposedly because of his unhappiness with the saloon's irregular hours. Soon the place was a laid-back, beer-stocked afternoon retreat for country musicians. Among them: Jerry Jeff Walker, who brought old pals like Willie Nelson by for a visit and in 1973 recorded his Viva Terlingua album there...
...stockbrokers disgusted by the aimless zigs and zags of a dispirited market. The price of shares in 20th Century-Fox, the maker of Star Wars, has more than doubled since the film opened in 32 theaters four weeks ago, leading a boom in movie and entertainment stocks generally. MGM has roared from $16 to $24.25 this year, Columbia Pictures shares have doubled to $15.75, and even Boston-based General Cinema Corp., a theater chain, has become an investors' favorite. Says Columbia Executive Dan Melnick: "It's a reflection of a solid performance by the motion-picture companies...
...began her fight for meaty roles that would lift her out of the overcrowded pretty-face category. She nabbed a few - notably in Rain and Grand Hotel - but those parts at MGM, which held her contract, usually went to the likes of Norma Shearer. After 17 years, Crawford moved on to Warner Bros., where she held out for two pictureless years until she got Mildred Pierce, which won her an Oscar in 1945. That film launched her on her middle passage, during which she played women who suffered much for love or ambition...