Word: twentieths
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Dates: during 1930-1939
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...Madison Square Garden made $1,000,000, mostly from boxing. Last year it made $180,000, mostly from hockey. This year a new organization called the Twentieth Century Sporting Club, by promoting the Louis v. Baer fight and the Louis v. Carnera and Louis v. Levinsky fights which preceded it, has far outdistanced the Garden as a matchmaking organization. That this sad state of affairs is due to the way the Garden has been managed by President Kilpatrick is the contention of Board Chairman Hammond who hopes to oust him at next week's stockholders' meeting...
When Joseph Schenck and his Twentieth Century Pictures quit United Artists to merge with Fox last June, the remaining owner-producers (Mary Pickford, Samuel Goldwyn, Charles Chaplin, Douglas Fairbanks) hastily set about compensating for their loss. First, David O. Gelznick decided to leave Metro-Goldwyn-Mayer, form his own producing company to distribute pictures through United Artists. Then Mary Pickford took for a partner Jesse Lasky (who was last week vastly disgruntled by news that M-G-M had contrived to beat him in signing a contract with aging Ernestine Schumann-Heink, whom he had already announced as a star...
Meanwhile in Manhattan the salaries of three prime cinemagnates were revealed last week when Twentieth Century-Fox Film Corp. registered two security issues with SEC. Fox stockholders had approved seven-year contracts calling for annual payments of approximately $200,000 to President Sidney R. Kent, $250,000 to Vice President Darryl Zanuck and $125,000 to Chairman Joseph M. Schenck. Total for the three is $575,000 a year, or nearly 50? a share on the common stock of the new company. When a Fox stockholder objected to these payments at a stockholders' meeting last fortnight, President Kent silenced...
...upheavals in personnel are naturally more sudden, more dramatic, and more painful than elsewhere. Hollywood long ago chose "amicable settlement" as an apt phrase to describe the results, whatever these may be, of all such events. Two months ago when Producers Darryl Zanuck and Joseph Schenck took their lively Twentieth Century Pictures away from United Artists to merge with Fox, where Winfield Sheehan has been vice president in charge of production since 1926, it was immediately clear that an amicable settlement of major proportions was at hand. Last week it arrived. After chats with Producer Schenck and Fox President Sidney...
...last week's settlement might really have been amicable was indicated by the terms revealed. Producer Sheehan kept his fat block of Fox stock, got something like $360,000 for his contract which had 14 months to run. In the new regime at Fox-henceforth to be called Twentieth Century-Fox-Producer Zanuck will have Producer Sheehan's old job as Production Chief, direct studio operations under the nominal control of President Kent...