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...fact that cinema was Big Business. It was financially fashionable for brokers to call this discovery to their customers' attention in elaborate analyses of the new industry. Some people cocked a skeptical eye at the mushrooming of William Fox or the Brothers Warner but certainly Paramount Publix seemed a citadel of cinematic conservatism. Indeed, Paramount was the $300,000,000 medium through which the House of Kuhn, Loeb & Co. had seen fit to lift the film industry to the financial equal of steel and railroads. But Paramount had an Achilles heel. In the process of acquiring the world...

Author: /time Magazine | Title: Business: Paramount Salvage | 6/17/1935 | See Source »

...Odium's theories hew close to the British tradition. Last week, apparently satisfied that "the upward trend could be seen with greater clarity." the young, sandy-haired financier made U. S. financial history by offering'to underwrite two big issues of new Paramount Publix Corp. securities. Under the film company's plan of reorganization, already approved by security-holders and the courts, Paramount's old stockholders will be offered a smaller amount of new shares in exchange for their present holdings and also the right to buy more. The Atlas offer, which Paramount swiftly accepted...

Author: /time Magazine | Title: Business & Finance: Atlas Under Paramount | 5/6/1935 | See Source »

That idiotic question was the beginning of one of vaudeville's characteristically fabulous success stories. Second-rate Comedian Joe Penner, born Joseph Pinta at Nadgybeck Kereck, Hungary, became almost immediately a first-rate comedian. He got a tour with Paramount Publix stage shows, a contract for 15 Warner Brothers shorts. In the course of the next two years, he had two more inspirations: 1) "You nasty man!" 2) "Don't never do that!" By 1933, all three had become household slogans. Because of his radio popularity, Joe Penner's weekly salary jumped from...

Author: /time Magazine | Title: Cinema: The New Pictures: Dec. 3, 1934 | 12/3/1934 | See Source »

...know the story of how Bill Paley at 28 sold out a one-half interest in Columbia to Paramount-Publix for $5,000,000. and then when Paramount was pinched for cash generously bought it back for the original sum plus...

Author: /time Magazine | Title: Business & Finance: Corporations | 12/3/1934 | See Source »

...double print" method of recording, the "sprocket" method of reproduction. Other systems were obsolete. But William Fox was sure those processes infringed on patents which he had acquired from three Germans and transferred to American Tri-Ergon Corp., his personal holding company formed in 1928. He sued Paramount Publix, the Wilmer & Vincent circuit and a Paramount Publix subsidiary. In effect he was suing R. C. A. Photophone and Electrical Research Products, both of which leaped to defend the defendants...

Author: /time Magazine | Title: Cinema: Fox After Hounds | 10/22/1934 | See Source »

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