Motion Picture Daily (Oct-Dec 1960)

MOTION PICTURE NEW YORK, U.S.A., FRIDAY, NOVEMBER 4, 1960 TEN CENTS >lan Meets ["OA-Academy J}et Liaison on lOscar' Show , lame Cooperative Units; ,ook to Industry Sponsor A new liason program, designed to Sect a closer relationship and greater ^operation between the nation's ^eatres and the annual "Oscar" Ward program, was announced yeslirday by the Academy of Motion icture Arts and Sciences in Holly'ood, and the Theatre Owners of merica, in New York. Valentine Davies, president of the Lcademy, and Albert M. Pickus, resident of TOA, announced the apointment of liaison committees for leir organizations, and indicated leetings would be scheduled shortly j further the joint program. They also disclosed that during die "OA annual convention in Los ( Continued on page 7 ) layne Editing 'Alamo' To 760 Minutes A published report that John Wayne s in Hollywood supervising the exision of approximately 30 minutes if footage from his 191-minute "The Uamo" was confirmed here yesterday )y the Russell Birdwell office, in :harge of public relations for the ictor-producer-director of the picture low at the Rivoli Theatre here and everal other "hard-ticket" engagements. The same source said die further iditing of the picture would not result in any change in the "hard tick( Continued on page 7 ) Injunction Denied in Wayne, Warner Suit Judge Owen McGivern in Supreme Court, New York County, has denied Batjac Productions, Inc.'s motion to enjoin Warner Bros. Pictures, Seven Arts Associated Corp. and Seven Arts Productions, Ltd., from •licensing to television a number of post-1949 Batjac pictures distributed ( Continued on page 7 ) ail* ji AXl!-^« Johnston Proposal Accepted Allied s Officer r m r Slate in Doubt West Africa Company Is Studied by MPEA Would Develop New Theatres; Distribute And Promote U.S. Films in New Nations Special to THE DAILY CHICAGO, Nov. 3. -National Allied States' slate of officers for the next year appeared to be in doubt as the board of directors prepared to open its series of weekend meetings here on Saturday. The annual election is a major item on the board's agenda. Doubt about the probable slate was increased by the fact that no premeeting electioneering has been in progress and it is not known whether Al Myrick, president, will consent to stand for reelection for another year. Myrick has been ill in recent months and was released from the hospital only a few weeks ago. When Myrick's predecessor, Horace Adams, was similarly stricken in (Continued on page 2) AlP Acquires 3 tor Foreign Distribution By SIDNEY RECHETNIK In line with its overseas expansion program, American International Pictures for the first time has acquired three films exclusively for foreign distribution. The pictures, as revealed by AIP president James H. Nicholson at a trade press luncheon at Sardi's Restaurant here yesterday are "The Matador," for distribution in Latin America and the Far East; "Some Like It Cold," an Italian comedy for distribution in South America, and the Jack Palance starrer, "Revolt of the Barbarian," for the Far East and South America. The latter film is a ( Continued on page 2 ) In response to a suggestion by Eric Johnston, president of the Motion Picture Export Ass'n , the MPEA board yesterday authorized the appointment of a committee to consider the establishment of a West African Development Company. Johnston made the recommendation as a result of a personal survey of the African film market earlier this year. Purpose o f the new company would be to develop new theatres, to provide direct distribution o f American films in the area, and to promote and protect the general interests of American motion pictures in the new nations. The project would encompass all West African countries from Senegal down to Angola. This area has a population of more than a hundred (Continued on page 8) Pension fund Part of Am, ANIPP Contract From. THE DAILY Bureau HOLLYWOOD, Nov. 3. Members of the Association of Motion Picture Producers will start to contribute three per cent of the proceeds of post-'48 film sales to the pension fund of the American Federation of Musicians as part of the new three and one-half year contract signed ( Continued on page 7 ) Appeals Court Reverses 'Salt' Case Dismissal The U. S. Circuit Court of Appeals here yesterday reversed a Federal district court dismissal last year of the $7,500,000 damage suit filed by Independent Productions Corp. and IPC Distributing Corp. against 107 film and theatre companies, including the seven major producers-distributors, over an alleged conspiracy to refuse ( Continued on page 8 ) Eric Johnston See Paramount TV Color Tube Nearer; Financial Study Cites Asset Values Paramount Pictures' Chromatic Division has progressed in ^ ^lopment of a new low-priced color television tube to Ae P^^^J^^ negotiating with "a major domestic concern^njmjtf^ ably priced color set, a research re Ci VJ X J £S A — J port on Paramount prepared by L. F. Rothschild & Co., downtown investment firm, reports in a customers letter. The report also discusses Paramount's pay-tv position favorably, its Autometric Division and its film operations. It concludes that "Paramount s basic operations, together with divi dend income, produce earnings of roughly $2.50 per share; combined with income from the sale of the pre1948 film library, per share results of around $5.00 are indicated for the next few years (based on 1,683,598 shares outstanding)." "In addition," it adds, "the stipuation possesses several unusual char( Continued on page 7 ) Ted Mann Acquires Three RK0 Theatres RKO Theatres has entered into a contract to sell its properties and turn over its leases in St. Paul and Minneapolis to Ted Mann, leading exhibitor in the northwest, it was announced here yesterday by Sol Schwartz, president of RKO. Theatres involved include the 2800-seat Orpheum and the 1800seat Pan in Minneapolis and the! 1400-seat Orpheum Theatre in downtown St. Paul. The St. Paul transaction also includes the transfer to Mann of the 200-room Capri Hotel and other properties which are part of the block long RKO holdings. Sale price for the properties was not disclosed.