Word: publix
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When Sidney Kent, able Paramount-Publix vice president, resigned abruptly in January every other cinema producer sought him. It was big news when he entered Fox Film as vice president. And it was big and significant news when he was promoted last week to Fox's presidency, for it is the first time that a real cineman has guided Fox since William Fox was ousted and bankers stepped...
...Motors are tied for third. 4) General Electric is again leading heavy industrial after having yielded that position in 1930 to U. S. Steel. Interesting comparisons were that International Nickel is more popular now than American Smelting; Safeway Stores i? ahead of Woolworth; Loew's ahead of Paramount-Publix; National Dairy ahead of Borden. Stocks gaining in popularity included American Light & Traction. Chrysler, Drug, First National Stores. General Foods, United Gas Improvement. Decreases were shown in the number of trusts holding Aluminum Co., American Radiator, Anaconda, Electric Bond & Share, General American Tank, International Telephone, Kennecott, Kreuger. Radio, Western Union...
...option on certain hours of its affiliates. In addition to cash, he gave the affiliates Columbia's sustaining programs free (National Broadcasting Co. charges for its unsponsored programs). He gathered 22 more stations into his network. Then he refused an offer of $1,500,000 by Paramount Publix Corp. for his company. He was out of cigars for good. Nine months after he had bought Columbia he sold Paramount Publix a half interest for $5,000,000. Paramount Publix paid $500,000 in cash and 58,000 shares of its stock, then worth $65, with an agreement to repurchase...
Tattlers were busily giving reasons why Vice President and General Distribution Manager Sidney R. Kent resigned from Paramount-Publix Corp. last month, were guessing his plans. Popular, an excellent salesman, Manager Kent was an Adolph Zukor protege. His resignation was sudden. Theories heard last week boiled down to two: 1) Mr. Kent resented the increasing power of Sam Katz (cofounder of famed Balaban & Katz theatre chain) in the company; 2) Mr. Kent had quarreled with Taximan John Daniel Hertz, leader of Paramount's new management. Every producer was said to be angling for Mr. Kent last week, with...
...year basis, a few from Paramount. Last week they completed a deal by which they will manage the 550 theatres of the Wesco group. Chief assistant to Spyros Skouras will be Lester J. Ludwig, formerly in charge of the Finkelstein and Ruben theatres for Paramount-Publix. Only Fox Theatres still being operated by the Fox Company are some "de luxe" houses and the Poli chain in New England. Stock-holders heard with alarm that famed Roxy Theatre must drop its name because Samuel Lionel ("Roxy") Rothafel has gone to Radio City...