Word: rialto
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Dates: during 1950-1959
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...American people have had plenty of opportunities to support [good] pictures and almost invariably have failed to do so. Although I have helped to import many of the finest pictures ever brought into this country, I was able to ... only because I was simultaneously operating [Manhattan's] Rialto Theater, which consistently showed the worst. The profits on the bad pictures enabled me to stand the losses on the good ones. Most of the critics of the industry are optimists, because they only write and speak about the demand for superior films. I am a pessimist, because I have invested...