Motion Picture Daily (Apr-Jun 1959)

kay, April 22, 1959 Motion Picture Daily t for s w Continued from page 1) ! net profit for the correspondpd in the preceding fiscal year 9.520. or 69 cents per share, pe from operations for the t mondis period amounted to |494, compared to $58,275,487 corresponding 1958 period. 5jie second quarter of the cural year net income amounted 74,036, equal to 53 cents a ompared to $631,988, or 30 ;hare the year before. Income juarter amounted to $31,161,npared to $30,124,640. n said the profit for the quar'70 per cent larger than for the nding quarter a year ago, and nonths profit was 56 per cent f the 1958 figure. ?port said that "unusual propositions (during the 1959 six period) resulted in losses of D, as a result of which there fa saving of $500,000 in fed:>me taxes. Accordingly, $500,the losses has been charged ' ipeTating income, representing iivalent of the federal income rich would have been payable such losses been incurred." Report continued: "$109,500, ting the balance of the prop;es of $430,500 reduced by a 8321,000 realized on the sale irities, has been charged to surplus. During the corres period last year the charge cl surplus was $128,500." AROUND THE TV CIRCUIT 'MGM' Name with PINKY HERMAN. (RKO) Change Continued from page 1) effective followed approval of rger agreement earlier today ||g at the Glen Alden annual here. List Industries shareapproved the merger at their meeting April 10. Alden is the surviving cor lerger agreement provides for Mansion of the Glen Alden $m directors to eighteen mem"iSe former Glen Alden directors i List Industries directors, d officers of the merged cori will include Albert A. List, lis chairman of the board and nit of List Industries, as presi Harry W. Bradbury, president former Glen Alden, as viceat; Dudley G. Layman, who ministrative vice-president and ti of List Industries, treasurer; lliam F. Whitman, former secand general attorney of List lies, secretary. Additional offiiU be elected at a board of j-jfs meeting of the merged cori tomorrow. , ' Not 'Maja' Artists' "Some Like It Hot" ;iird week at Loew's State has f 858,685 and is holding over j')urth week. The Daily yesterjLdvertently said the picture at te was "The Naked Maja." AFTER 24 years as staff announcer at NBC and one of its busiest, Ed Herlihy has resigned to free-lance. Ed will continue his stint as "Voice of Kraft" with which he's been identified since back in 1948. . . . Patty McCormack as "Peck's Bad Girl" will replace Arthur Godfrey's Tues. Nite (9-9:30) series as of May 5. Wendell Corey and Marsha Hunt also in the cast. . . . When MCA's dynamic Dick Rubin gets to Europe next week, he'll have just six days to look over (and select) 14 TV pilots for the American market. . . . Jan Miner signed to play Eddie Hodges' teacher in the forthcoming "The Wonderful World of Little Julius" which will be CBSeen in the Fall. Scripted by Cy Howard, the program will also feature Sam Levene and Gregory Ratoff. . . . Co-hosts of a new across the board radio-series, "It's Network Time," Frank Blah and Don Russell have formed a firm, On Air, Inc. to produce the series starting Monday (12:05-2:00 P.M.) and will carry news, yarns of human interest, comedy, music and guest stars. The affable Leon Schinasi is secretarytreasurer of On Air, Inc. Fred Weihe will produce the series with Bob Sadoff, talent coordinator. . . . According to Art (KROW) Finley's Almanac, today is the birthday of Harold Mendelson. Who he? He is none other than Hal March. ft ft ft Eddy Manson's nomination for an "Emmy" for his composer-conducting role in the CBSpectacular, "Harvey" is the more remarkable in view of the fact that he used but a five-piece orchestra on the broadcast. . . . CBSolons, who are now faced with a need for temporary replacement for the morning "Arthur Godfrey Show" may tap Sam Levenson to take over the Red-head's morning TV chores. . . . Larry Puck, formerly producer of the "Arthur Godfrey Talent GBScouts" has joined Hunn-Fritz-Henken, Inc. as executive producer. . . . While understudy to Richard Boone in "The Rivalry," Jim Campbell found time to turn in a convincing lead role in a special 3-reeler, produced by Depicto Films for the Medical Division of the U.S. Navy. . . . James Michener's "Adventures in Paradise," hour-long telefilm series produced at the 20th Century-Fox studios under the supervision of Martin Manulis and skedded for the ABChannels in the Fall, will star that studio's Gardner McKay. Fox Records Releases New Gershwin Album 20th-Fox Records yesterday announced the exclusive world wide release of a new album entitled "George Gershwin at the Piano." It is reportedly the first high fidelity recording ever produced of actual performances by the late American composer. The material, reproduced mainly from carefully preserved piano rolls recorded by Gershwin in the late '20's and early '30's, was played back on a specially constructed electric reproducing piano and recorded monaurally and stereophonically through the combined technical efforts of 20th Century-Fox and RCA Victor sound engineers. Globe Distributes AIP HOLLYWOOD, April 21. -American International Pictures will be distributed in Italy by Globe Films International, it is announced by James H. Nicholson and Samuel Z. ArkofF. Henry Lombroso represented Globe in the negotiations with the AIP executives and William Reich, general manager of the company's export arm. Williams to UA-TV as Eastern Division Head Phil Williams will join United Artists Television, Inc., May 1 as Eastern division manager, it was announced yesterday by Bruce Eells, executive vice-president of UA Television. The appointment of Williams, who resigns as vice-president in charge of syndicated sales for ABC Film Syndication, is described by Eells as "one of a number of major steps toward fulfilling the prediction that we will assemble one of the finest sales organizations in television." The first production to be put into national spot, major regional and local selling, Eells added, will be announced by June 1. United Artists Television series now in production includes "The Trouble Shooters," which has been sold nationally to Marlboro; "The Dennis O'Keefe Show," "Tales of the Vikings," "Hudson's Bay" and "Miami Undercover." Each series is being filmed as 39 half hours. Williams came to ABC Film Syndication from Ziv Television, Inc., where he had been Eastern spot sales manager. Prior to that he was with Time, Inc., for 15 years. (Continued from page 1) the call letters WMGM will not have to be changed for a period of up to three years. This is deemed a suitable period for developing and adopting other call letters "without the loss of good will" and without financial loss on the part of stockholders. For its part, Loew's, Inc., has agreed that it will not, without prior written approval of the theatre company, seek Federal Communications Commission sanction of use of the call letters WMGM "or any other combination of letters including MGM" for radio use in the N.Y. metropolitan area for a period of three years, commencing from the date that the FCC approves a change in or discontinuance of the present WMGM call letters. This agreement also prohibits Loew's, Inc. from authorizing any outside companies to seek FCC approval of the MGM letters. Loew's, Inc., recently revealed that it planned to recommend to its stockholders that the company's name be changed to Metro-Goldwyn-Mayer Corp. To Confer on 'But Not' George Weltner, Paramount Pictures vice-president in charge of world sales; Jerry Pickman, vice-president and director of advertising-publicity, and Martin S. Davis, assistant director, will fly from New York to San Francisco Friday for a special preview of "But Not for Me," and conferences there with its producers, William Perlberg and George Seaton, and Paramount Studio executives. The picture is scheduled for release in October. Alfred Engages Jacobs The Arthur P. Jacobs Co. has been retained as public relations representative for Alfred Productions, the corporation set up to handle the TV, film, theatre, recording and music publishing activities of Alan Jay Lerner and Frederick Loewe. oirerafts COMET 4! ' (pure jet !) 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