Word: zanuck
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Dates: during 1930-1939
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Lichtman. The ups-and-downs of United Artists this year started in June when Darryl Zanuck's Twentieth Century Pictures left the lot to merge with Fox, taking United Artists' President Joe Schenck with it. To replace Schenck, United Artists partners-Pickford, Fairbanks, Chaplin, Sam Goldwyn-chose Al Lichtman, for eight years the sales manager who was generally considered responsible for United Artists' brilliantly run distribution. With Lichtman as president. United Artists speedily refilled its producing plant with the Selznick company, a new Mary Pickford-Jesse Lasky partnership and Alexander Korda's London Films, whose pictures...
...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...
...because some years ago they bought Metro-Goldwyn-Mayer and the services of Louis Mayer, Irving Thalberg and J. R. Rubin. Without those three men I wouldn't give for the stock. . . . We pay stars $8,000 or $9,000 weekly and make money out of them. Zanuck, who directs these stars and creates stars, is worth $5,000 a week. ... It may be more money than bank presidents are paid, but bank presidents can't make moving pictures...
...indispensable as they are to the cinema, 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...
...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...