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Busriess Screen
OCTOBER, 1970
newsreel
REPORTS ON CURRENT EVENTS AND TRENDS
Byron Again Byron; Merger With Technicolor Dissolved
Technicolor Corporation has reversed its acquisition of Byron Motion Pictures of Washington, D.C. Technicolor had acquired the firm from owner-founder Byron S. Roudabush in March in a stock transaction that made Roudabush the largest single Technicolor stockholder.
As it turned out, Roudabush played a key role on the Technicolor proxy battle that ended with the ousting of Patrick Frawley and 16 Technicolor directors in favor of Harry Saltzman and William McKenna, who succeeded Frawley as Technicolor chairman.
McKenna said the reversal of the Byron acquisition had nothing at all to do with the proxy battle, adding that Frawley has since sold his Technicolor shares and the current move will have no effect on the present control of Technicolor.
Empire Photosound Merged Into Cambridge Corporation
Empire Photosound, Inc., 25-year old Minneapolis industrial film producing company, and its subsidiary, Northwest Teleproductions, have merged into The Cambridge Corporation. Cambridge, also Minneapolis-based, has manufacturing operations, banking interests, and participates in financing promising young companies and other special situations.
Empire and Northwest, both of which have occupied large new studios within the past six months, are currently reporting revenues at an annual rate "in excess of $1 million," according to Cambridge chairman Donald A. Shultheis.
He said that the merger, accomplished by an exchange of stock, will leave Empire under present management as a subsidiary of Cambridge. Empire president William S. Yale said, "With the larger resources of Cambridge to draw on, we will be able to accelerate our growth while increasing our capability to service our present accounts."
Fred Niles Opens Rental Division — FanFilm Services
Fred A. Niles Communications Centers, Inc., headquartered at 1058 W. Washington Blvd., Chicago, with studios in New York and Hollywood, has opened a new division: FanFilm Services.
FanFilm Services is a facility and equipment rental division headed by James Miller. In Chicago alone, more than $3 million in hardware and three sound stages are available.
The new division includes the rental of equipment and space, and service rental as well.
Services available include editorial, post production and art as well as a sound department that offers on-set and in-studio recording, magnetic film transfer and mixing.
CINE "Golden Eagle" Ceremonies November 12-13 in Washington
The Council on International Nontheatrical Events (CINE) will honor 183 films at its annual ceremonies November 12-13.
Again this year, awards from foreign festivals will be presented by representatives from the various countries at the annual banquet. Additional information about the CINE ceremonies may be obtained by writing CINE. 1201 Sixteenth St., NW, Washington, D.C. 20036.
Da-Lite Screen Plans New Manufacturing Addition
Da-Lite Screen Co. has reported plans for an expansion program caUing for an addition to the company's plant in Warsaw, Indiana.
The addition will add some 42,000 square feet of manufacturing space to the existing plant, according to George H. Lenke, Jr., president.
The addition will house new laboratories for research and development, compounding rooms to manufacture fabric coatings and dust proof rooms for the manufacture of rear screens.
According to Lenke, the expansion will permit the company to increase production, improve quality control and assure better deliveries of all of its products.
Canada Lifts Technicolor Projector Tariff Barriers
Canada has lifted tariff barriers on Technicolor projectors following a ruling by the Canadian Tariff Board that they be placed in a different class from reel-to-reel projectors.
The tariff barriers are only applied when Canadian firms produce similar equipment.
The board's majority decision was that the loop film "has resulted in basic differences in the design and operation" of projectors, and that the loop projectors are so different from reel-to-reel projectors "that they do not even compete with one another except in some limited applications.
The board concluded that "the operation of the loop machine is much simpler than that of the reelto-reel machine. In the loop machine, the cartridge is inserted, the Continued on next page
OCTOBER, 1970
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