DECEMBER

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'PuUe^mt^
United Paramount Theatres
Still Must Divest 124
Sixty given up by December 3
in line with
terms of consent decree; deadline for another
third is March 3 and for remainder Sept. 3,
1953; prior to last divestiture, 888 dropped.
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TOA Mid-Winter Board Meeting
Now Scheduled in New York
Charles Skouras, chairman, moves it from
Los Angeles and calls it for January 25-27;
executive committee to meet first day and be
joined at dinner by board.
J. Arthur Rank Wins Case
Involving Quota Default
Board of Ti-ade had charged in court that
he failed to give British second featui'es 25
per cent of playing time; court upholds defense
that he lost money on them.
New Greek Industries Topic
Of Skouras Talks in Athens
News dispatches say 20th-Fox head discussed
possibilities for establishing oil refining
and sugar plants in Greece with prime minister
and other officials.
Edwin J. Smith Named UA
Assistant Foreign Head
New post created after resignations of B.
D. Lion and Ned Clarke; appointment made
by Alfred Crown, foreign department head,
effective December 8.
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September Admission Take
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Behind Previous Year
October tax collections, which are based on
September receipts, totaled $31,294,629 as
against $37,302,260 in October 1951; September
collections were $32,174,968.
Large RCA Synchro-Screen
Demonstrated in New York
More than twice the size of the usual
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motion picture theatre screen, it measures
56 feet wide and 24 feet high, of which 30
feet, seven inches is actual picture width.
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Paramount Holding Series
Of Regional Meetings
First Wednesday i3i in Philadelphia; others I
to be in Dallas, Sunday and Monday; Los
Angeles, December 9, 10; Chicago, December
12, 13; New York, December 15, 16; Toronto
meeting to be determined later.
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Para. Signs Co-Production
Deal With Italian Firm
At least ten features a year will be made
with the Ponti-De Laurenti.s company; two
pictures, "The She-Wolf" and one untitled,
are in work; Paramount will handle European
distribution.
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Steve Broidy Is Elected
IMPPA President
HOLLYWOOD—Succeeding the late I. E.
Chadwick, who had held the post continuously
from 1924 until his death late last
month, Steve Broidy, president of Allied
Artists, has been elected president of the
Independent Motion Picture Producers Ass'n,
representing 35 filmmaking companies.
Named vice-president at a meeting held
Monday (1) were Jack Broder of Broder Productions
and Realart; Robert L. Lippert, Lippert
Picture.?, and Sam Katzman, who produces
for Columbia release. Edward Finney
was re-elected secretary-treasurer.
IMPPA members passed a resolution paying
high tribute to Chadwick for the long service
which he rendered the organization. The
resolution will be contained in a scroll to be
given his widow and son.
After announcing that the next IMPPA
meeting will be held within a few weeks to
formulate plans for activities during 1953.
Broidy declared:
"We are determined to continue operations
on the same high plane and following the
same fine ideals which were set down by
Mr. Chadwick and followed so closely by him
during his 28-year tenure of office. We fully
recognize the void left in our organization
by Mr. Chadwick's death, and realize it is one
which never can completely be filled. But his
aims for the effectiveness of the organization
within the film industry shall be our
aims and we shall strive to meet them."
Ben Shlyen to Represent
Trade Press With COMPO
NEW YORK—Ben Shlyen, publisher of
BOXOFFICE, has been named as representative
of the tradepress on the executive committee
of the Council of Motion Picture Organizations.
He succeeds Jack Alicoate, publisher
of the Film Daily.
Jay Emanuel, publisher of the Exhibitor, will
be Shlyen's alternate. He succeeds Charles E.
Lewis, publisher of Showmen's Trade Review,
who was Alicoate's alternate on the committee.
Cites
BOXOFFICE Aid
To 'Jimmy' Fund Drive
Arthur Lockwood, co-chairman of the
1952 "Jimmy" Fund drive in New England,
.says the success of the campaign
which resulted in the opening of a modern
children's cancer research hospital
in Boston, would never have been possible
without the cooperation of BOXOFFICE.
"We are fully aware," he wrote, "that
the successful results of the 1952 'Jimmy'
Fund drive would never have been possible
without the excellent cooperation we
have received from BOXOFFICE.
"During the course of our campaign
your publication has given most generously
of space, and has been the medium
that brought the 'Jimmy' fund to the
attention of the people in the motion picture
industry."
STEVE BROIDY
New IMPPA President
20lh-Fox 33-Week Nel
Exceeds 1351 Period
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NEW YORK—Twentieth Century-Fox has
reported consolidated net income for the 39
weeks ended September 27 of $3,845,946. equal
to $1.39 a share, compared with $2,147,628, or
69 cents a share, for the same 1951 period. The
total includes the income from all subsidiaries,
including Westco Theatres Corp. and Roxy
Theatre, Inc., and is after taxes and all
charges.
The 1952 amount includes a special credit
of $1,077,755, equal to 38 cents a share, due
to a change in accounting procedure regarding
foreign operations. The change was made to
consolidate foreign operations for the same
periods as domestic operations. Previously, if
they had been consolidated five weeks later,
but better airmail service has made a simultaneous
accounting possible, the company
.said. Before this credit, the earnings were
$2,768,191. There are 2,769,484 shares of common
stock outstanding.
Income from film rentals rose to $67,149.-
364 from the 1951 figure of $66,050,817. The-
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litre receipt, were $41,508,215, compared with
$43,618,276. The directors noted a 25-cent
quarterly dividend payable December 24 to
stockholders of record December 9.
Minneapolis Suburb Votes
Against Drive-In Theatre
MINNEAPOLIS—In a referendum election,
suburban Golden Valley voters went on record
against having a drive-in theatre within
the municipality. The proposed repeal of the
ordinance banning ozoners w'as defeated 63 to
310. There were five applicants for the license,
including the former mayor who originally
had voted for the ordinance.
WB to Pay 25c Dividend
NEW YORK—The board of directors of
Warner Bros., Inc., have declared a dividend
of 25 cents per thare on the common stock,
payable Jan. 5, 1953 to stockholders of record
Dec. 15, 1952.
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10 BOXOFFICE December 6. 1952