Word: year
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Dates: during 1940-1949
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...movie empire which Britain's Cinemogul J. Arthur Rank put together in 14 years was in the midst of its own austerity program. Up for sale this week at public auction will go his studios at Shepherd's Bush and Islington. Rank, who could use the money, hopes that they will be knocked down for not less than ?250,000, possibly to BBC's television division. (The studios are too antiquated to interest U.S. moviemakers in England.) Of the four studios which will be left to Rank, two are shut tight and two are operating at only...
...Brien complained: "We are not making enough films this year to keep open one quarter of our cinemas and the prospects . . . next year are worse . . . That is a ghastly fact...
...clear to British investors, who are taking a steadily dimmer view of Rank's future as a movie magnate. His producing enterprises have been in trouble before (in 1946 they lost ?474,777), but those were the hopeful days when Rank was talking of making 60 pictures a year and beating Hollywood at its own game of mass production. How badly he had flopped was shown by the prices of stocks in his two top companies, both at their eight-year lows. Gaumont-British common, which hit a high of 18s. last year, was down to 4s. 6d. last...
...fast. After he had won critical huzzahs and made money on such pictures as Henry V, he had attempted to increase his annual output of pictures from 25 to 60. Directors like Sydney Box (The Seventh Veil), who had been turning out five good films a year, were told to make 20. There was not enough moviemaking talent for all the pictures and the result was a dreary parade of box-office flops which cut into the profits of Rank's theaters, the moneymaking end of his business...
...Federal Reserve Board's antitrust hearings in San Francisco against Transamerica Corp. last week entered their second year. For the past year, FRB has been trying to do two things: i) prove that Transamerica is a monopoly, and 2) force it to sell its holdings in Bank...