Word: weltner
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Dates: during 1960-1969
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THIS business is like opium-once it's in your blood, everything else is dull," muses Paramount Pictures Executive George Weltner. The habit has proved profitable for him: last week, at 62, he was promoted from executive v.p. to president. In something of a youth movement, he replaces Barney Balaban, who at 76 becomes chairman; Paramount's founder, Adolph Zukor, 91, was named chairman emeritus. Aging Paramount lost $2,800,000 in 1962 when several films were boxoffice flops. Last year it was back in the black, and first-quarter '64 earnings ($1,041,000) were almost...
...Sanders, defeated conservative former Governor Marvin Griffin in the 1962 gubernatorial lections and moderate-turned-lately Peter Zack Geer was elected lieutenant governor. The moderates at the same elections aided in the removal of the incumbent and arch-conservative U.S. Congressman James C. Davis, replacing him with liberal Charles Weltner...