Motion Picture Daily (Apr-Jun 1959)

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85. NO. 72 MOTION PICTURE DAILY NEW YORK, U.S.A., THURSDAY, APRIL 16, 1959 TEN CENTS sel Reports me-Change MGM Corp. Suggested eek Net Income ounted to $5,749,000 R. Vogel le board of directors of Loew's, (MGM) plans to recommend to holders the change of the company's name to Metro -Goldwyn Mayer Corporation, it was announced yesterday b y Joseph R. Vogel, president. Vogel also reported that for the first 28-\veek period of the current fiscal year, during which time Loew's, Inc. i combined enterprise including ( Continued on page 7 ) Officers Warned fo |A Executive Staff I'Ction of six officers to the exile staff of National Telefilm As|es was announced yesterday by . |r A. Unger, NTA president. |e new officers and the areas of responsibilities are: Alan May, president and treasurer; Lester lan, vice-president in charge of ising and public relations; (Continued on page 8) 'lie Steinhardt MGM aager in S. Vietnam e appointment of Albert V. hardt as M-G-M manager in Vietnam was announced yesy by Morton A. Spring, presiof Loew's International Corion. in hardt, now in New York, flies ' Continued on page 7) Meeting with ACE Next Month rks Policy Reversal by MPAA Just what convinced the Motion Picture Association this would be a good time to forget its scruples about meeting with exhibitor representatives for discussions covering a wide range of industry subjects hasn't been revealed, but the fact remains that in appointing an exhibitor relations committee to meet with the American Congress of Exhibitors next month, the MPAA board of directors took an unprecedented step. That in itself is surprising enough, (Continued on page 3) Big Campaign Set OiTSayOoeforMe' Frank Tashlin's "Say One For Me" will have a bigger national advertising, publicity and exploitation campaign than "The Robe," it was announced yesterday by Charles Einfeld, 20th Century-Fox vice-president. Film company executives were so enthusiastic following a home office roughcut screening here this week, he said, that the record budget was set. The (Continued on page 2) Ask Damages and Stay in 'Modern Times' Suit No Action Yet on In their suit to halt the local showing of Charles Chaplin's film, "Modern Times," Roy Export Co. Establishment and Lopert Films have asked for damages, an accounting and for injunctive relief, in addition to seizure and impounding in court of the 16mm print used. Under court order a Federal marshal seized the print of the picture Tuesday night in the projection booth (Continued on page 6) Special Films Money To Be Paid to ACE Final clearances from trustees of the remaining revenues of the industry special short subjects have been obtained by the American Congress of Exhibitors, it was learned yesterday. The fund, believed to be something (Continued on page 3) Kan. TV Censorship Special to THE DAILY KANSAS CITY, April 15.-The State Board of Review is marking time on an opinion, given Saturday by John Anderson, Jr., Kansas attorney general, that the agency also must censor motion pictures shown on television stations in Kansas. The board, Mrs. Hazel Runyan, chairman, (Continued on page 3) VISION TODAY— page 8 Form Group for Immediate Drive To Improve Projection in Theatres An organization dedicated to the improvement of motion picture theatre projection was officially formed here yesterday at a meeting called by Theatre Owners of America at the Astor Hotel. The group will be called the Council for the Improvement of Theatre and Motion Picture Projection. Representatives of four trade associations, IATSE, two carbon companies, and two sound service organizations, meeting with TOA president George G. Kerasotes, agreed upon the immediate institution of an educational campaign for theatre operators for the improvement of projection, sound, and physical theatre maintenance. The meeting was keynoted by Kerasotes' statement, "That better projection pays." It was agreed TOA would (Continued on page 2) Congratulate Skouras On 'Stereo' Sound In one of its first actions yesterday, the Council for the Improvement of Theatre and Motion Picture Projection, congratulated Spyros P. Skouras, president of 20th Century-Fox, for making his company's product available in stereophonic sound. Noting the tremendous growth and (Continued on page 6) Up 13.47% UA Earnings For 1958 Hit 3,701,963 Gross Revenues Also Up to $84,072,467 For the eighth consecutive year United Artists increased its annual gross revenues and net earnings, establishing a new record high in each category, it was announced yesterday by Robert S. Benjamin, chairman, and Arthur B. Krim, president. Net earnings for 1958 climbed to $3,701,963 after provision for taxes, as compared to $3,262,466 in 1957, an increase of 13.47 per cent, while gross revenues reached $84,072,467 compared to $70,008,242 in 1957. The 1958 earnings per share on to(Continued on page 6) 350 Set to Attend B'nai B'rith Lunch Over 350 will attend the induction of Alfred W. Schwalberg as incoming president of Cinema Lodge B'nai B'rith, at a luncheon tomorrow in the North Ballroom of the Hotel Astor, it was announced yesterday by Jack H. Levin, chairman of the president's luncheon committee. Joseph B. Rosen (Continued on page 7) Fabian fo Remain As ACE Chairman to June Si F. Fabian, Stanley Warner president, will continue as chairman of the American Congress of Exhibitors until June, at least, ACE sources said yesterday. ACE announced following its December executive committee meeting that it had decided on a plan of rotating chairmanships every three months, with Fabian named to the initial term. However, at its February meeting, the ACE executive committee agreed that Fabian would remain in the post for at least an additional three months while organization was completed. However, no announcement of that decision was made at the time.