Motion Picture Daily (Jul-Sep 1960)

L. 88, NO. 11 NEW YORK, U.S.A., MONDAY, JULY 18, 1960 TEN CENTS aradox9 trike Was I enef iciaT 0 Companies ilue Line9 Survey Notes ins Despite Earning Drop /hile the recent strikes by the en actors and writers guilds adely affected second quarter earnof some motion picture compa, "the strikes were probably quite jficial to the companies," the le Line Investment Survey stated 1 report issued at the weekend, ,ng the situation a "paradox." espite the wage concessions, total •oil costs will probably be substany reduced henceforth, since many ( Continued on page 5 ) :y Kastner Resigns Head of Col. Int'l. |acy Kastner, president of Colum Pictures International Corp., has 'tested to be relieved of his post 'ause of ill '1th, it was 'ounced at weekend by 1 Schneider, ident of Co bia Pictures. *• c h n e i d e r jl Kastner remain as a ^-president lolumbia In ational and i will serve vice-chair La<7 Kastner n of the id of the company and will headI ter in Paris. ijcause of the ever-increasing ac( Continued on page 5 ) EVISION TODAY— page 7 Britain's Film Finance Corp. Cuts Loss; Hopes Costs Will Be Reduced Post '48 Sales Studied See No Protest From THE DAILY Bureau -_ „ _ LONDON, July 17 (By Cable) The Government's National Film Finance If IV K PlPr^P Corporation's annual report for the year ending March 31, 1960 says, "It again lll/ll>aOV proved impossible to avoid a loss." The figure was £194,095 compared with a loss of £222,367 for the previous year. Goldstein Temporarily Fox Production Head From THE DAILY Bureau HOLLYWOOD, July 17. Bob Goldstein, head of production for 20th Century-Fox in London, has been named temporary executive in charge of production at the company's studios ( Continued on page 5 ) TOA Delegates Now Can 'Go to College' Delegates to the Theatre Owners of America's 13th annual convention at the Ambassador Hotel in Los Angeles Sept. 13-16, will go to "college" during the four-day national meeting, it was disclosed at the weekend by Albert M. Pickus, TOA president. Pickus said that a "TOA Univer( Continued on page 2 ) Despite declining attendance and receipts the corporation continued to support British production on a substantial scale at the same time conserving its limited resources so as to keep the lending approximately within the amount of anticipated receipts. Loans approved totalled £1,382,(Continued on page 6) 110 A Warns Exhibitors To Begin Production Harry Brandt, president of the Independent Theatre Owners of America, told one of the largest membership meetings of ITOA here Friday that unless a new production company dedicated to exhibitors' interest is organized, exhibitors will be forced to go out of business. The ITOA formally pledged its financial support of such a company, as proposed earlier by the American (Continued on page 7) Plan to Reduce Admissions in French Theatres Brings Confusion; Which Are Eligible Unclear Special to THE DAILY PARIS, July 17.— Some French theatres will be permitted to increase admissions by virtue of a new ruling issued by the National Film Center, to take effect July 1. Already, however, there is some confusion as to which theatres are eligible under the new edict. For one, the ruling excludes "prestige" theatres on the Champs Elysses which feature first-runs, and, generally, the change has brought little comfort to exhibitors outside of Paris. Seat prices here have always been controlled. Exhibitors in question may choose to reduce their prices to the 1957 level and then add 25 per cent, or retain present prices and give at least three reduced price (40 per cent) performances per week for certain categories and one reduced price performance for others. The change was discussed and for the most part denounced at the recent Exhibitors Congress meeting held at Nice. Speakers protested against the complications and also against the fact that cinemas are listed under two categories, "prestige" and "controlled." The Congress called for the right to change programs when they wish and to show as many feature films as they desire. Is 'Orderly' Only Dum ping would Affect Market, Exhibitors Agree There is not likely to be any organized exhibitor protest against sales of post'48 pictures to television by individual major distributors provided, as seems likely now, the release is "orderly" and confined to the lesser market. Warner Brothers announced Wednesday that they had concluded an agreement with Creative Telefilms of Canada to release 110 post1948 pictures for rental to television over a period of seven years. Titles were not announced but the group was said to include "A Star Is Born," "Battle Cry," "East of Eden" and "The James ( Continued on page 7 ) 'Psycho' Conferences Begin Here Tomorrow More than 400 Eastern and Canadian circuit heads, advertising-publicity executives and theatre managers will meet here tomorrow at 9 A.M. at the De Mille Theatre for the first meeting in a series of five regional m e r chandising conferences where s h o wmans h i p techn i q u es for Alfred Hitchcock's "Psycho" will be introduced by Paramount executives. George Weltner, vice-president in charge of world sales, will be joined in the presentation by Hugh Owen, (Continued on page 7) George Weltner LABORATORIES, INC. Complete facilities for every film ' NEW YORK AND HOLLYWOOD ..... . .A , need w black ana white or color