Motion Picture Daily (Jul-Sep 1957)

Record Details:

Title:
Motion Picture Daily
Date:
Jul-Sep 1957
Publisher:
New York [Motion picture daily, inc.]
Volume:
Motion picture daily
Leaf #:
000227
Language:
English
Subjects:
motion pictures, Motion pictures -- Periodicals
Collection:
Hollywood Studio System
Format:
Periodicals
Contributor:
Library of Congress, MBRS, Moving Image Section
Sponsor:
Library of Congress, Motion Picture, Broadcasting and Recorded Sound Division
Coordinator:
Media History Digital Library
Description:
A New York-based daily trade paper published by Martin Quigley. The companion to Quigley's better known weekly publication, MOTION PICTURE HERALD, and a direct competitor to THE FILM DAILY, which was also published out of New York. Established in 1930, MOTION PICTURE DAILY enjoyed a circulation of roughly 5,000 readers most years of its four decades in print (a nearly identical circulation to THE FILM DAILY, but only one third of the readership of MOTION PICTURE HERALD, which reached a wider audience of exhibitors). In the 1930s, the MOTION PICTURE DAILY's editor, Maurice Kann, called on the movie industry to shift more production back to the East Coast. Any productions that filmed in New York received ample attention. New York City never regained its production lead over Hollywood, but the major studios used the Big Apple for their corporate and distribution headquarters. As a result, MOTION PICTURE DAILY tended to focus on economic and regulatory issues confronting the film industry. -- Eric Hoyt, 2014
Date Added:
December 02, 2023
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MOTION PICTURE DAILY VOL. 82, NO. 28 NEW YORK, U.S.A., FRIDAY, AUGUST 9, 1957 TEN CENTS Shows Rise Para. Net Is $2,359,000 For 6 Months Earnings $1.18 Per Share; Quarter Net $1,060,000 Consolidated net earnings of Paramount Pictures for the first six months of 1957 are estimated at $2,359,000, the company reported yesterday. This compares with earnings of $2,322,000 for the same period in 1956. This year's earnings are equal to $1.18 per share based on 1,999,316 shares outstanding at June 29 as compared with $1.12 per share, based on 2,085,716 shares outstanding in 1956. For the second quarter of 1957 Paramount had estimated net earnings (Continued on page 6) Ray Schmerti Named To Succeed Father Ray Schmertz, 20th Century-Fox's Indianapolis branch manager, has been named to succeed his father, I. J. "Izzy" Schmertz, head of a s the company s Cleveland exchange, it was announced yesterday by general sales man f'JMm a§er ^lex Harrison. mk mk At the same ■'^K ^BaJ time, Harrison announced that Howard B. Kinser, a salesman at the Kansas City office, has been promoted to the Indianapolis branch (Continued on page 5) Ray Schmertz on page 2 Television Jodoy on page 5 RK0 Billings Rise 10% in Europe By NORMAN MORRIS Joseph Bellfort, RKO's general manager for Europe and the Near East, said that "business in Europe is generally quite good," in a press conference held here yesterday. RKO's billings this year moved ahead of last year's by ten per cent, he pointed out. The European manager said that RKO's improved business this year may be attributed to a "concentration of distribution plus local product we've been able to pick up." He noted that television to date has exerted "very little impact" on the Continent (Continued on page 5) See Time Running Out On Tax Relief Bill From THE DAILY Bureau WASHINGTON, Aug. 8.-Time is running out on House Ways and Means Committee action on the Herlong admissions tax relief bill. Rep. Herlong himself is no longer (Continued on page 5) Injunction Hearing Today Court Continues Ban On Loew Interference Tomlinson Faction Still Enjoined; Battle Shifts to Delaware Today By JAMES M. JERAULD Loew's, Inc., attorneys and counsel for Joseph Tomlinson traded legal punches in New York Supreme Court yesterday before Justice Morris Spector and the proceedings wound up with an injunction against interference with — the September 12 meeting of stock Mayer 'Hale and Hearty7 After Hospital Checkup Special to THE DAILY SAN FRANCISCO, Aug. 8 Louis B. Mayer entered Stanford University Hospital on Tuesday for what a hospital spokesman described as a "routine check." The spokesman said todav that Mayer is "hale and hearty and expects to leave within 48 hours." Industry Leaders Honor Vogel holders still in effect until 4 o'clock today. It may be continued until the meeting has been held. Additional briefs will be exchanged by lawyers and filed with the court this afternoon. The scene of battle will shift this morning to Wilmington where Tomlinson's Delaware attorney, Arthur B. Logan, will argue that the July 31 rump meeting of directors held by his forces should be declared legal along with the "election" of Louis (Continued on page 6) MPA, British Reach Industry leaders turned out in full force yesterday to honor Joseph R. Vogel, f mfj/o ViUQflt AdrPQIttPtlt president of Loew's, Inc., in a ceremony formally notifying him of his selection "HfflWf IffCffl Mlfl rciflCIII as Pioneer-of-the-Year by the board of directors of Motion Picture Pioneers. The brief ceremony was held in the EXPRESSION OF FAITH, yesterday in Joseph R. Vogel's office at Metro, as Ned Depinet and an imposing committee of industry executives told him he's Pioneer of the Year — and has their best wishes. M. P. Daily picture Loew's board of directors room at the home office here. Formal presentation of the award will be made at the 19th annual dinner of the Pioneers to be held at the Waldorf-Astoria on Nov. 25. Vogel is (Continued on page 6) By WILLIAM PAY LONDON, Aug. 8.— An agreement has been reached between the Motion Picture Association of America and the Association of Cinematograph Technicians on the employment here of foreign producers and directors. The (Continued on page 6)