Motion Picture Daily (Jul-Sep 1957)

MOTION PICTURE DAILY OL. 82, NO. 38 NEW YORK, U.S.A., FRIDAY, AUGUST 23, 1957 TEN CENTS Super-Showman rodd Shows 3 is Version Of "80 Days 59 "Marathon Demonstration Argues Value of 35 mm Ry FLOYD E. STONE ASBURY PARK, N. J., Aug. 22.Mike Todd collected more than 100 ihowmen yesterday at the Paramount theatre and the Berkeley Carteret Hoel here and harangued, cajoled, irgued and won from some of them admission that a projection technique, which he says he is not selling, probably is as good as Todd-AO or at least he public won't know the difference. B\nd that they'll buy it. f Mr. Todd talked probably from 11 /clock to after 5. He was entertainer, (Continued on page 4) Sees WB Prospects Brightest for Year Warner Bros.' prospects for the coming season are the brightest in the company's history, with a continuous flow of important product of top boxoffice potential highlighting the new season's release schedule, Roy Haines, the company's general sales manager, told the Warner district managers and individual sales executives at the ( Continued on page 4 ) MPIC Backs Tax Bill; Hits 'Scandalmongering' From THE DAILY Bureau HOLLYWOOD, Aug. 22.-The Motion Picture Industry Council last night took action on two matters directly affecting industry interests. The organization adopted a resolution in support of the Sadlak tax bill, (Continued on page 5) Television Today Page Loew's Ruling 'Soon as Possible' Court Says Fox6Mos.Net $4,069,865 Consolidated earnings of $4,069,865 were reported by 20th Century-Fox yesterday for the first half of 1957, the 26 weeks ended June 29. The result, equivalent to $1.54 per share on the 2,644,486 shares outstanding, compares with earnings of $2,156,670 or 82 cents per share, for the first half of 1956. Earnings for the second quarter of this year amounted to $1,898,185, compared with $1,695,931 for the corresponding quarter last year. Film income for the first half including television income, amounted to $59,535,202, compared to $51,232,255 last year. Dividends and other (Continued on page 5) Gritting Notes Slow Telemovie Acceptance Video Independent Theatres, Inc., which will shortly launch its telemovie operation in Bartlesville, Okla., believes that the system will gain public acceptance gradually rather than overnight, according to Henry S. Griffing, president of Video Independent. Although Griffing is as optimistic as ever that telemovie will be a success, he cautioned against expecting too (Continued on page 5) Delaware Chancellor Res erves Decision on Legality of 'Rump' Meeting and Proxy Spending Ban By JAMES M. JERAULD WILMINGTON, Del, Aug. 22-Two crucial points in the Loew's, Inc. litigation are to be decided "as soon as possible" by Chancellor Collins J. Seitz he said at the end of a seven-hour hearing today. One is whether the "rump" directors meeting called by Joseph Tomlinson and the election of Louis B. Mayer and Samuel Briskin as directors is legal or not and the other is on a continuance or dismissal of an injunction preventing Joseph R. Vogel from spending company funds for proxies to be used at the Sept. 12 stockholders meeting. All other issues are of no importance. Only two points were argued in the all-day hearing. This simplified the (Continued on page 5) Expects Telemeter In Canada by 1958 By NORMAN MORRIS Telemeter will be fully set up in at least one Canadian community by the end of 1958 in the opinion of J. J. Fitzgibbons, president and managing director of Famous Players Canadian Corp., Ltd. At a press conference held at the Savoy Plaza Hotel here yesterday, Fitzgibbons urged Canadian exhibitors to seize the opportunity to enter the Telemeter venture at this time. Fitzgibbons said that Trans-Canada ( Continued on page 6 ) J. J. Fitzgibbons REVIEW: The Sun Also Rises Darryl F. Zanuck— 20th Century-Fox-CinemaScope Hollywood, Aug. 22 In point of name-power alone this Darryl F. Zanuck production of Ernest Hemingway's 1926 literary sensation stands head and shoulders above most of the motion pictures it will be competing with when it goes to market. Topping its tremendous cast, which numbers thousands in some brilliant sequences, are Tvrone Power, Ava Gardner Mel Ferrer, Errol Flynn, Gregory Ratoff, Eddie Albert and promising' newcomer (Continued on page 4) N.Y. Estimate Board OK's Ticket Tax Cut The New York City Board of Estimate at 12:10 this morning unanimously approved the McCarthy bill, already passed by the City Council, which provides for a 90-cent exemp(Continued on page 5) Loew's Hearing Opponents End as 'Friendly Enemies7 Special to THE DAILY WILMINGTON, Aug. 22. At the hearing here today in the Loew's litigation, Mrs. Louis Nizer, wife of the Loew's attorney, sat all afternoon beside Joseph Tomlinson, but didn't know who he was until a reporter asked her if she was Mrs. Tomlinson. Mrs. Nizer laughingly identified herself. At the close of the hearing Milton Pollack, Tomlinson's New York attorney, crossed the courtroom and told Nizer Tomlinson would like to meet him. Nizer crossed the room and they shook hands over the counsel table.