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Fox Earnings Show Drop From 1947
A consolidated net profit of $6,894,659 after taxes and all charges was reported for the 26 weeks ended June 26th, 1948, by the 20th Century-Fox Film Corp. and subsidiaries, including the National Theatres Corp. and Roxy Theatre, Inc.
_ The profit is equivalent, after preferred dividend requirements, to $2.37 a share of common stock outstanding. It compares with $8,401,778, or $2.91 in the
26 weeks ended June 28th, 1947.
Film rentals and theatre receipts for the current year’s period amounted to $82,660,468 against $89,631,283 for the halfyear. of 1947. J
For the second quarter ended June 26 last, the consolidated net profit was reported at $3,967,817, or $1.37 a common share, which increased from the $2,504,175, or 84 cents a common share shown in the corresponding three months of last year.
4 Theatres Equipped By Dominion Sound
Something of a record was set by Dominion Sound Equipments Limited recently, when equipment was installed in four new theatres in one week. The four were the Peter Drive-ins in Osha
wa and Peterborough; the Roxy,’
Owen Sound; and the Strand, Aylmer. All are in Ontario.
Canadian FILM WEEKLY
ALL-USA PROGRAMS OR NONE IN UK
Complete American programs in British theatres or none is the proposal of Hollywood interests in answer to the intention of British exhibitors of making UK films the top feature and USA ones second. Until now Hollywood films have occupied the top of the bill, at a 30 per cent rental, and British films have played the second spot at 15 per cent.
Eric Johnston is said to have told J. Arthur Rank, leading British exhibitor and producer, that Hollywood had taken as much punishment in the British market as it would stand and is now prepared to fight back. The first blow was the 75 per cent tax on earnings, later modified, and the second the raising of quota time for British films from 25 to 45 per cent.
Johnston, for Hollywood, said that USA producers would book all-American programs into theatres and that. the British could do the same, American films have occupied first spot in British theatres on their merit, being mainly responsible for attracting the audience, and the British pictures will be able to prove whether they deserve to replace them through Johnston’s
proposal.
Scientific Assoc'tion Merges With NFS
‘A new scientific division has been added to the National Film Society through a merger with the Canadian Scientific Film Association, according to a bulletin issued recently by Harry Randell, chairman of the program and information committee of the National Film Society — Scientific Division, as. the new department will be known.
The Scientific Film Association realized one of its two projects before amalgamating. It issued a 700-page catalogue of all scienti
_fic films available in Canada, the
‘Millie’ Stars Cast In "Mr. Soft Touch’
Glenn Ford and Evelyn Keyes, who teamed with outstanding success in Columbia’s ‘The Mating of Millie,” will be reunited in the studio’s “Mr. Soft Touch,” formerly ‘Mr. Miracle,” which Gordon Douglas will direct from a Milton Holmes original. Shooting is scheduled. to start soon.
second of its kind ever to be compiled anywhere in the world. Its other object, that of previewing and appraising all technical films by a committee of 40 scientists, will be continued.
September 8, 1948
Canadian Buildup For ‘Letter To A Rebel’
Reflecting the great interest shown throughout the Uniteq States in RKO Radio’s “Letter to a Rebel,” the Canadian press is also getting behind this MPA sponsored two-reel subject with considerable enthusiasm.
The Vancouver Daily Province devoted a glowing editorial to the picture on the front page of its
second section in connection with .
its showing at the Capitol Theatre. The editorial reads, in part: “It is a film every person desiring to preserve democracy should see.” :
Copies of the editorial were mailed to exhibitors, newspaper and radio station managers in the Vancouver Exchange area with a letter signed by James F, Davie, RKO branch manager.
Released here as part of the popular “This Is America” series and produced by RKO Pathe, the same series is known in Canada and abroad as “Today and Tomorrow.”
Lucille Ball Cast
Lucille Ball’s first picture under her new long-term contract with Columbia will be the comedy, ‘Miss Grant Takes Richmond,” which S. Sylvan Simon will produce from Gene Towne’s original. Everett and Devery Freeman will write the script.
J. ARTHUR RANK
Presents
The Glory of Sport
THE
OLYMPIC GAMES
Color by Technicolor
Exclusive
Complete Feature-Length Film — Special Version
with
BARBARA ANN SCOTT
and
CANADA’S ATHLETES
Air Expressed Directly After the Games to Your Theatre
OLYMPIC
It's a problem!
THIE
}??
do nothing for a week
© EAGLE-LION FILMS of Coneda, Limited
“Sure I let my competitor play ‘The Olympic Games.’ I wanted to