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Until the spring of 1930 Paramount-Publix was considered a model cinema company, issuing stock to pay for expansions. Then it was revealed that it had agreed to buy its stock back should it drop. The late William Wrigley Jr. (gum), Albert Davis Lasker (advertising) and John Daniel Hertz (taxicabs), all Chicagoans, began buying into Paramount. Their man was Sam Katz, of Chicago's Balaban & Katz chain of cinema theatres. At 13 he had played the piano in Carl Laemmle's first 5? cinema theatre on Chicago's west side. At 16 he owned a theatre with...

Author: /time Magazine | Title: Cinema: Lasky Out | 9/26/1932 | See Source »

...week-ended at the Blumenthal estate in Larchmont last fortnight between sessions of his trial at Albany (see p. 14). Though more at home in a hotel than a courtroom, Fixer Blumenthal made news last week because of his law suits. As owner of $25,000 of Paramount Publix Corp. bonds. Fixer Blumenthal sued that company to set aside an agreement by which Paramount last March had pledged 23 of its films as the chief collateral for a $9,500,000 loan. Because Paramount transferred the films to a subsidiary, strengthened the loan with other promises. Fixer Blumenthal charged violation...

Author: /time Magazine | Title: Business & Finance: Fixer on the Warpath | 8/29/1932 | See Source »

Less famed than "Mickey Mouse" is the animated cartoon "Betty Boop." Claiming that the latter is a too palpable imitation of her own lisping seductive mannerisms, Singer Helen ("Boop-Boopa~ Doop") Kane filed suit against the Max Fleischer Studios and Paramount-Publix Corp...

Author: /time Magazine | Title: People, May 16, 1932 | 5/16/1932 | See Source »

Tenor Beniamino Gigli had not decided last week whether to accept a $7,000-a-week offer for 20 weeks from Paramount-Publix, the cinema chain for which oldtime Coloratura Luisa Tetrazzina has been singing this season. But he was ready with the statement he promised his public in connection with his refusal to take a salary cut at the Metropolitan and the severance of his connection there (TIME, May 9). Excerpt: "Mr. Gatti-Casazza had a grudge against me. . . . None of my colleagues had a long contract to protect as I had. . . . They [the 32 artists who signed...

Author: /time Magazine | Title: Music: Cinema Music | 5/16/1932 | See Source »

...sales department. He was promoted to be district manager, with offices in Kansas City. His next change was a call to Manhattan where he was made first sales manager, then general manager of distribution, finally general manager of the company. When, two years ago, Paramount-Famous-Lasky became Paramount-Publix, Mr. Kent was made a vice president. From then on he kept a finger in every department. As a salesman and distributor he gained the confidence of the exhibitors and when the Government upset the "uniform standard contract'' in 1930 he was instrumental in having...

Author: /time Magazine | Title: Business & Finance: Film Revisions | 5/2/1932 | See Source »

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