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HISTORY MAKERS OF 1937
• • •
HARRY COHN
MARK OSTRER
As surely as spring brings the robins, autumn brings the re-election of Harry as Columbia Pictures' prexy. As the company's main-spring, h i s was an active, eventful year. There were such matters as the purchase of the film rights to "You Can't Take It With
You " for an announced $200,000, the release of "Lost Horizon," the settlement of the Frank Copra dispute and a brief studio strike, plans for Broadway stage production and. oh yes, the receipt of a national safety award for Columbia's 'The Devil Is Driving."
President of G B Pictures Corp. of America, managing director and board chairman of G B Pictures Corp., Ltd., Mark Ostrer holds similar high and influential offices in affiliated and subsidiary setups. Recently, he added to his international sales force, was responsible in a large measure for the building of peak profits. Provided, too, several of the high spots in the news surrounding the Films Bill (Quota Act) when Parliament's Standing Committee was wrestling with the involved measure.
WALTER VINCENT
W. RAY JOHNSTON
Around Independence Day, Republic Pictures Corp. dec i d e d to become more dependent upon its board chairman, Walter Vincent, and accordingly named him to company's presidency. This move was readily understandable, considering this Solon's versatility
and background which have encompassed just about every phase of the entertainment world. Urged admish tax exemption boost, pointing out that if the Government raised this tax to 50 cents, both pix biz and Uncle Sam would benefit. Attended the conference of the American Theater Council last May in New York. Headed MPPDA special radio committee. Sharply criticized film radio activities at the Silver Jubilee convention of the Theater Owners of North and South Carolina, Inc.
Let's look at the record. Adopted name Monogram for his Sterling Prod u c t i o n s Corp.; signed Eddie Golden as sales head; closed important deal with Pathe, linking these or ganizations' activi ties; built up big and strong network of branches and exchanges. By May, stock subscriptions were reported over the million mark. Company's sales drive was over the top by mid-Summer, and August found Monogram expected to be in the black in the very first year of its renaissance. In September more than 2,500 new contracts for product's outlet were signed on dotted line, and when November literally blew in, 193738 line-up was half completed. At year s end, disclosed 1338-39 program budget would be boosted 25 per cent
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