Word: selznicks
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Dates: during 1940-1949
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...families in Hollywood, United Artists Corp. seemed to be the unhappiest. One-third owner Mary Pickford and one-third owner Charlie Chaplin had not been on speaking terms for a year and a half. Yet last week, via counsel, they agreed to boot out one-third owner David Oliver Selznick...
...Mary and Charlie wanted to go to court about it, as they said they did, that was all right with David. He promptly announced that he would distribute no more of his films through U.A. Instead he would form a new distributing company, a difficult job, call it the Selznick...
Releasing Organization. S.R.O. (which could also mean Standing Room Only) would go to work distributing the latest Selznick epic, the $5,500,000 Technicolor Duel...
Love & Kisses. Dauntless David Selznick stepped into the door in 1941. In return for a chance to obtain one-third of U.A.'s stock (now worth an estimated $4 million), David agreed to deliver ten pictures to U.A. within 20 years. At the contract signing, all was love & kisses...
What went wrong? Everybody had a different answer. Mary and Charlie accused David of using part of a $1,000,000 loan from U.A. to develop story properties which he later sold as packages (that is, complete with scripts and even Selznick stars) to other companies, with profit to David, none to U.A. David said that these were his babies and he could do as he liked with them. Besides, the three pictures he had already turned in on his contract (Since You Went Away, I'll be Seeing You, Spellbound) had all grossed more than $5 million each...