Motion Picture Daily (Jul-Sep 1960)

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ay, August 2, 1960 Motion Picture Daily 5 aey Net Profit Down $323, 151 for 9 Mos. From THE DAILY Bureau LLYWOOD, Aug. l.-The conted net profit of Walt Disney ctions and its domestic subsidifor the nine months to July 2 323,151, it was announced today oy O. Disney, president. This ires with a net profit of $2,366,or the corresponding period in ney attributed the low earnings Dntinuing disappointing theatriusiness on our motion picture ct." isolidated gross income was 48,126, down $8,715,030 from /ear's $39,363,156. Film revevas off by $4,166,278, and teledown by $4,946,044. DisneyPark increased $1,465,295, while income, including publications, ;ter merchandising, non-theatri1m, music and records dropped S,003. s company's purchase of the foriB-PT interest of 34.48 per cent Isneyland, Inc., stock is not rei in the nine-month report, as urchase was finalized as of July 30. Admissions Levine in London For Five-Day Tour Benson, 80, Veteran JV.E. Field, Is Dead Special to THE DAILY RTFORD, Aug. 1. -William F. nson, 80, who started his career ; industry 64 years ago as an ad; man in Chicago and who reseven years ago as treasurer of side Amusement Park, Agawam, , died at this home here, venson was at one time a partf Herbert C. Parsons in the open of the Parsons Theatre here. > earlier days he promoted "tournotion pictures," reels showing engines, surf and other action iyrge Lenehan Dies lerment will take place in ArlingiNational Cemetery, Washington, It., for George G. Lenehan, vicealent of Modern Talking Machine Bee, who died at Northport, L. I., last week at the age of 42. He is rjyed by his widow and two chil ( Continued from page 1 ) same time, the industry is credited with $821 million of the $399,648,000,000 national income recorded for all industries, up from the $783 million (within a total national income of about $368 billion) in 1958. The motion picture industry paid $789 million to its employees last year, up from $756 million in 1958. Of the total, $754 million was in wages and salaries in 1959, compared with $724 million in the preceding year. In 1959, the industry had 168,000 "full-time equivalent employees," compared with 172,000 a year before. The average number of full and parttime employees was 191,000 last year, down 5,000 from the 196,000 that there were in 1958. Average Earnings Rise Income of employees went up, however. In 1959, the average annual earnings per full-time employee came to $4,488. In 1958, this figure was only $4,209. In 1959, there were 177,000 persons engaged in production of motion pictures— a decline from the 181,000 that were so reported in 1958. Stein Joins WB ( Continued from page 1 ) tising department since 1943, Stein served as copywriter and ad copy chief before taking on additional creative responsibilities in 1955. He entered the industry in 1942 with the Hal Home Organization, working in advertising and publicity capacities. Services Held for Cohen, Univ. Counsel Private funeral services were held here Sunday night for Henry Cohen, entertainment industry lawyer, who died Saturday following a heart attack at New York Hospital. He was 54. Cohen had been general counsel to Decca Records, Inc., and special counsel to Universal Pictures. At the time of his death he was president of Schola Cantorum of New York and a director of the Northside Center for Child Development. seventeen's FOR SEPTEMBER Stanley Kramer's Production of INHERIT THE WIND From THE DAILY Bureau LONDON, Aug. l.-Joseph E, Levine, president of Embassy Pictures, is due here tomorrow for a five-day whirlwind tour of theatres where his "Hercules Unchained" is playing. Distributed through Warner-Pathe, the film started its blanket release in key cities and seaside resorts on Sunday, and Levine hopes to visit many of the South Coast theatres showing the film while he is in the country. As part of the Levine policy of keeping a personal eye on his pictures' promotion, he will be talking to managers and exhibitors. Levine is spending £,60,000 ($168,000) on launching "Hercules Unchained" in the largest advertising and publicity campaign ever accorded a film in this country. Theatre Building Sold HARTFORD, Aug. l.-The Connecticut Theatrical Corporation, Stanley Warner subsidiary, has sold the 33-year-old Cameo Theatre building, Bristol, Conn., to the Southern New England Telephone Company for a reported $155,000, the theatre circuit to continue a film scheduld indefinitely under resident manager Dennis J. Rich. The theatre has a seating capacity of 1,642. John Pelzer, 86, Dies KENSICO, N. Y., Aug. 1. Funeral services were held here today for John Pelzer, 86, who died at his home in Olmsted Falls, O., where he had been living in retirement. Onetime sales manager of the motion picture division of Thomas A. Edison, Inc., he had worked with the inventor from 1891 to 1914 in the development of the motion picture. Natalie Wood Cast HOLLYWOOD, Aug. 1. Natalie Wood has been assigned the important role of "Maria" in the film version of "West Side Story," it has been announced by Robert Wise, producer of the Mirisch Pictures, Inc., roadshow presentation for UA release. The film will be co-directed by Wise and Jerome Robbins. PEOPLE Alex Halperin, a veteran of the film industry in the Middle West and for seven years in charge of the theatres in Wisconsin and Illinois which form a part of the Stanley Warner circuit, has announced that he is taking an extended leave of absence. Halperin in his earlier days had held posts with Balaban and Katz, with First National Pictures Film Exchange and with Warner Brothers. □ James A. Fitzpatrick, attorney of Plattsburgh, N. Y., former member of the Assembly and counsel to the Joint Legislative Committee on Offensive and Obscene Material, is reported to be the choice of Republican leaders in Albany as successor to the late Supreme Court Justice Andrew Ryan, who died on July 19. □ Jack Haynes, manager of Shor Theatres, Cincinnati, has shifted personnel. Otis Owens, manager of Esquire Theatre, will be manager of the downtown Keith Theatre. Robert McKinley, former Keith manager, will be manager of Ramona and Valley Drive-In theatres at Hamilton, Ohio. Allan Warth from Dayton, Ohio, has been named manager of the Esquire Theatre, Cincinnati. 'Block-Booking' Briefs Submitted in TV Suit Both sides in the government's "block-booking" case against six film and television companies submitted post-trial briefs yesterday in New York Federal Court. Reply briefs, if submitted, are due Sept. 6. Judge Archie O. Dawson, who heard seven weeks of testimony in the case this past spring, will hand down a decision later this year, pending submittal of reply briefs. The antitrust division of the Department of Justice charged "block-booking" of feature films to TV stations across the nation by C & C Super Corp., Associated Artists Productions, United Artists, Screen Gems, National Telefilm Associates and Loew's, Inc. (M-G-M). PICTURE m MONTH Released thru United Artists Selected ^seventeen . . . entertainment guide for America's top movie goers . . . 4,800,000 young women under 20!