Word: rko
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MUTUAL BROADCASTING, in the past a money-losing system, is being taken over from RKO Teleradio Pictures, Inc., a General Tire & Rubber Co. subsidiary, by a syndicate headed by Oilman Armand Hammer, who will become chairman, and Los Angeles Radio Executive Paul Roberts, who will become president. Group paid about $750,000 for network's good will and advertising contracts with 480 U.S., Canadian stations...
...movie studios hoped at first that TV would somehow blow over. Instead, it practically blew RKO right out of moviemaking, threatened to knock over 20th Century-Fox, which rescued itself largely by selling its old pictures...
...Brave One. Director Fred Zinnemann recalled that the late documentary pioneer Robert Flaherty (Nanook of the North) had told him in 1931 of a similar story he wanted to shoot. Flaherty later sold the idea to Orson Welles, who produced an unfinished version of the story for RKO called My Friend Bonito. In her Vermont home, Mrs. Frances Flaherty has no thought of suing anyone. "I wouldn't think about protesting that award," she says, "but I'm highly amused by the whole situation." Welles is even more delighted with the flap. "If they [the King brothers] used...
...still excellent and still at the Kenmore. Van Gogh gets exceptional color photography, and Kirk Douglas rarely gets in the way. Anastasia makes little out of a lovely thing, but Ingrid Bergman is superb. Helen Hayes and Yul Brynner wander in and out every now and then. At RKO Keith. The Great Man is dead. Long live his greatness? Jose Ferrer snoops around tensely, and says no. A tidy film. At the Beacon Hill. Baby Doll doesn't deserve all the publicity but contains three brilliant performances--by Eli Wallach, Karl Malden, and baby-blond newcomer Carrol Baker. Kazan...
...surprisingly frank plug for oldfashioned, small-screen, black-and-white films. Ross noted that CinemaScope is fine for sweeping horizons, but added: "If the subject ¶ has power and the scenes themselves are what you want to show, don't tinsel it up with CinemaScope." ¶Sorely beset, RKO peddled distribu tion rights to 44 films (including eleven not yet released) to prosperous rival Universal-International, hoped to save some $7,000,000 by the deal, wearily acknowledged that it is exploring a new source of revenue: the sale of oil under studio lots...