Motion Picture Daily (Oct-Dec 1960)

MOTION PICTURE $et for Nov. 25 Vote Slated on rel. Magnetics, 4mpex Merger Special Meetings to Be Held on 2-for-l Exchange The proposed merger of Telemeter Magnetics with Ampex Corp. will be voted on by the latter's stockholders at a special meeting set for Nov. 25 at the Ampex offices in Redwood City, Cal. Paramount Pictures owns 631,644 shares, or approximately 74 per cent, of the Telemeter Magnetics stock and has advised that it will vote its shares in approval of the merger. Telemeter stockholders also are scheduled to meet on or before Nov. 25 to vote on the merger. An affirmative vote of two-thirds of the outstanding stock is required for approval of the proposed merger. Terms of the merger call for con( Continued on page 3 ) MCA Reports 9 Months Net of $4,454,073 MCA Inc. yesterday reported unaudited income after taxes of $4,484,073 for the first nine months ended Sept. 30. Jules C. Stein, chairman of the board, said it was the best in the history of the company, and approximately 30 per cent above the same period last year, when the company reported net of 83,496,333. Earnings before taxes for the first {Continued on -page 4) Films, Live-TV Parity Is Sought by Directors From THE DAILY Bureau HOLLYWOOD, Nov. 1. The Directors Guild of America's national board will seek parity between minimum rates for films and live televii sion, under a new contract agreement which was prepared in the East at the weekend for presentation to the net(Continued on page 4) TELEVISION TODAY— page 5 Panama-Frank Set Internat'l Filming Policy; Sign for Two More Through UA By SIDNEY RECHETMK In announcing the extension of their deal with United Artists for two more pictures \6rman Panama and Melvin Frank, producer-director-writer team, also stated that they have added an "international phase" to their production activities. "Pictures will be made in the locales demanded by their particular backgrounds," Panama and Frank told the trade press at a conference in the UA home office here yesterday morning. The production team recently completed "The Facts of Life," starring Bob Hope and Lucille Ball, which UA will release at Christmas time. The first two pictures fitting into the new Panama-Frank international program will be "Road to Hong (Continued on page 4) Canadian Trade Reports Millennium Special to THE DAILY TORONTO, Nov. l.-The distributors and exhibitors of Canada have been able to iron out a main bone of contention between them— that of the distressed situation. At the annual meetings of the National Committee of Motion Picture Exhibitors Associations of Canada and the Motion Picture Industry Council of Canada a report was brought in to (Continued on page 4) World Distribution Levine Signs Major Deal With M-G-M Three Spectacles in Work Involved in New Contract A major multi-picture production and distribution agreement between Metro-Goldwyn-Mayer and Embassy Pictures was announced yesterday by Joseph Vogel, president of MGM, and Joseph E. Levine, president of Em Ben Kaufman Heads Valiant Films Publicity Ben Kaufman has joined Valiant Films Corp. as director of publicity, it was announced jointly yesterday by Fred Schwartz, president, and Sig Shore, president of Vitalite Film Corp., which owns the domestic rights to the feature motion pictures distributed by Valiant. Kaufman also will '(Continued on page 4) Russian Film, Director Win IF. Golden Awards Special to THE DAILY SAN FRANCISCO, Nov. l.-In its first year of participation in the San Francisco International Film Festival, Russia won two major Golden Gate Awards. The sensitive story of a Russian soldier on leave, "Ballad of a Soldier," was named the best picture of the global competition. Grigori (Continued on page 4) Joseph Vogel Joseph Levine bassy. By its terms Metro acquires world distribution rights to three of Levine's forthcoming spectacle attractions. The pictures involved include "The (Continued on page 2) Philadelphia District Attorney Orders Staff to Burns Heads AIGfll-TV Visit Theatres in Campaign Against 'Obscene' films /es; shupert Resigns Special to THE DAILY PHILADELPHIA, Nov. l.-District Attorney Victor H. Blanc announced plans to make frequent visits to movie theatres here to view films of questionabS moral content. If he finds obscenity in any of the films, swift arrests and prosecutions will follow, Blanc said. ,,,,,.„> -j T'm "I'm going to drive obscene films out of Philadelphia, he said, and Im going to use every resource at my disposal to do it. twtre Blanc said he was not dismayed by a jury's acquittal ast week of i theatre owner accused of exhibiting an obscene film. The edubrtor Edward tart** was arrested last May for showing "The Immoral Mr. Teas at his West Philadelphia neighborhood art film house. , The Strict Ittornev said he will order his assistants to make period visitations to the theatres, adding that there were only a half dozen places t0 ^atesrion of protecting the youth of the community," Blanc explained. "Staristics^rove th/rape charges against teen-agers have gone up astronomicallv since these theatres sprang up. Histrict His new policv is a departure from the method formerly used b> the district attorne"; ! office' Before^lanc waited for specific complaints before taking any action. John B. Bums, director of national sales for MGM-TV, has been elevated to the newly-created position of general sales manager, it was announced vesterday by Joseph R. Vogel, president of' MGM, Inc. The announcement was made (Continued on page 4) Industry Paid Tax on $2,226,304,000 Gross From THE DAILY Bureau W ASHINGTON, Nov. 1. Active corporations in the motion picture field with accounting periods ended between Julv, 1958, and June, 1959, filed 6,993 income tax returns indicating total business receipts of S2,226,(Continued on page 4)