Motion Picture Daily (Apr-Jun 1960)

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day, May 18, 1960 MOTION PICTURE DAILY Shareholders ~~ Toll -TV Seen as 'Inevitable' $4,500,000 Paid tO 20th-FoX ( Continued from page 1 ) B l# r -f.jp,, *ft IAI 9U <*ement of Twentieth Telemeter experiment in Toronto and is now in negotiation with a company "jf llttll Fo"aand its president, Spy for the development of a similar system. , -as, were given a niami» r Corp. will •ntnry City Fox it will h had orignd develop 500,000. In 41 retain 25 j-tments. ih developb & Knapp .•cording to sterday by \ and presid William , Webb & vast cornshopping otel, office religious lent, Krat000. The i2,607,000 pp. In ad,8,000,000 mtract to . Closing following 20th-Fox. lexecuted, bx for 50 the propyl of $1.5 peives an ithe same years, ■ckendorf nally acCentury nity calls led st' housI 12,500 or more king cenpartment feet of garage; he Cen;hibition square A ebb & 1 have a !0. h-south , of the ' of the truction E, Krat . ividicei wni right to proceed with the leal which provided for the of the $56,000,000 purchase ceuTical Co. the other 50 per cent. lively set before the end of the suin This company is to exploit uses for Ei mer. dophor other than in theatres. In ad Next meeting of stockholders of dition in this country Fox is working Magna will be on June 14. I James fflid $11, o.oo> lurus mst mree days in its world premiere engagement at the RKO Keith's Theatre in Washington, D.C., it was announced by William J. Heineman, United Artists vice-president.