Money behind the screen : a report prepared on behalf of the Film Council (1937)

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MONEY BEHIND THE SCREEN 19 ruriouH if this tie-up \v(T(» (•()rn{)atif)Io with any rlo^Tcn; of iiidifTrronce in 80 far as Paramount iilni bookings are conccrnwl. 16. The tondoncy for Anplo-American collaboration is ru^t coiifinod to tho major American companies and their British associates. In the last half year more or less long term renting arrangements, involving in some cases also the American rcleaw^ of English films, hav(^ in addition been made between certain American independent firms and some of the more important other English renter-])rodu('ers both of feature fihns and shorts, l^verent cases reported in tiie trade press are : Associated Hritisli Fihn Distributors contract with (irand National Fihns Inc., involving payment over two years of S2,(M)(),()()0 for 34 pictures per annum and a guaranteed distribution of A.T.IV films in the U.S.A. ((Jrand National Films controls 32 American film exchanges) ; British Lion Film Corporation contract with Republic Corporation of America Inc., involving deposit of $250,000 with Chemical Bank of New York and liability for another deposit of equal size (at the annual meeting of Britisli Lion it was stated that while the money for this deposit was borrowed from two of the company's directors at ()i per cent., no interest was being paid on this deposit by the Chemical Bank ; debentures of British Lion had risen from £20,000 to £125,000 with a liability for another £50,000) ; Ace Films, Ltd., contract for sole distribution in Britain for shorts produced by Educational Film Corporation of America, fifty-two 2-reel comedies and fifty single reel shorts. 17. The present structure of the British film renting and production trade is summarised in the accompanying Table A. TABLE A— THE PRESENT STRUCTURE OF THE BRITISH FILM TRADE (AUTUMN, 1936). American British Production Exhibition Renter. Affiliation. Affiliation. Affiliation. (A) American Renters Metro-Goldwyn Mayer. Radio Pictures. Warner & First National. Fox Film Co. Paramount Film Serv. Columbia. Loew's Inc. (MGM) R.K.O. Radio. Warner & F.X, 20th Cent. Fox. Paramount Inc. Columbia Pict. Coip. Various quota producers. Various quota producers. Own subsidiary with studio in Teddington. Fox British, Wembley & New World Plot., Denham. British & Dominion, Boreham Wood studios and quota producers. Paul Soskin others. Prod. & London prerelease hall. l-l super halls and tie up with Union Circ. (250 halls).