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...money from Rocky, which has grossed more than $100 million, Network ($30 million), The Pink Panther-Strikes Again ($40 million) and Woody Allen's Annie Hall, which took in $14 million in only seven weeks. Competitors are openly envious. Sighs Charles Bluhdorn, chairman of Gulf + Western, which operates Paramount Pictures: "I saw the first 15 minutes of Rocky, and I said, 'Why the hell didn't we make that...

Author: /time Magazine | Title: STOCK MARKET: The Star Wars Explosion | 6/27/1977 | See Source »

...bluntly telling voters so. And an unusually alarmed electorate concurs. In the first public opinion poll of its kind, some 70% of voters voiced most concern about jobs, inflation and prices; only 2.3% think the country's position about the civil war in neighboring Northern Ireland is the paramount issue...

Author: /time Magazine | Title: IRELAND: Rake's Progress | 6/20/1977 | See Source »

...banker who starts writing novels in jail, and transmutes global finance and oil politics into plausible thrillers about world economic collapse -well, there is only one: Paul Erdman. His third novel, The Crash of '79, is in its 25th week on the bestseller lists, has been bought by Paramount for a movie, and is diverting not only ordinary readers but also corporate executives and government officials, who assure each other that its forecast of doom will not come true. Certainly not. Of course...

Author: /time Magazine | Title: PROPHECIES: Doom for Fun and Profit | 6/13/1977 | See Source »

...charged Grimaldi with censorship and, half seriously, with putting "a kind of curse on me-a macumba." In Hollywood a top film executive suggested that after the succès de scandale of Last Tango, the big studios probably invested in Bertolucci without scrutinizing his plans. (In addition to Paramount's U.S. investment, United Artists and 20th Century Fox have bought various foreign rights.) "It's a mess," said the executive, "in which blame can be shared by all the participants...

Author: /time Magazine | Title: Show Business: A Messy Fight for the Final Cut | 5/2/1977 | See Source »

...valley, celebrates the rise of the Communist movement among the peasants and its ordeal under decadent landowners and brutal Fascists. Is this waving of the Red flag the real reason for the movie's rejection? Nobody will say so outright, but it is no secret that privately some Paramount executives are appalled by it. Says one: "The last half-hour of the film is a gigantic May Day rally...

Author: /time Magazine | Title: Show Business: A Messy Fight for the Final Cut | 5/2/1977 | See Source »

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