Motion Picture Daily (Oct-Dec 1960)

Motion Picture Daily Monday, December 5. A.A. Stock Deals Pace SEC Activity From THE DAILY Bureau WASHINGTON, Dec. 4. Sales of common stock in Allied Artists pictures stand out in the Securities and Exchange Commission report of "insider" transactions reported from Oct. 11 to Nov. 10, 1960. George D. Burrows, an officer and director, sold 2,000 shares in October, retaining 41,776. Sherrill C. Corwin, a director, sold 3,600 shares, keeping 23,400.' Robert W. Hurlock, a director, acquired 300 shares, bringing his holdings to 20,500. Herman Rifkin, also a director, sold 4,000 shares in September and 1,000 shares in October, retaining 14,261. Rifkin management holds 13,007. Sam Wolf, an officer, disposed of 1,550 shares, keeping 22,000. 6 Robin Buys Cinerama Robin International, Inc., a corporation listed under the 'name of Nicolas Reisini, officer and director of Cinerama, Inc., acquired 41,300 shares of Cinerama common in October, bringing the firm's holding to 87,650 shares. Reisini holds 350,000 shares. Samuel J. Briskin, an officer and director of Columbia Pictures, exercised an option to acquire 16,971 common shares in October, bringing his holdings to 19,232. S. J. Briskin Pictures and Fico Corp., listed under his name, holds 564 and 117,763 shares, respectively. Cowan Acquires Filmways William Cowan, an officer of Filmways, Inc., received 1,000 shares of common in August from the issuer for services rendered, his entire holdings. Martin Ransohoff, an officer and director of Filmways, disposed of 1,000 shares in October, retaining 107,367. His children hold 15,536 shares. Shifts in holdings in Glen Alden Corp., theatre operator, were made in October by two directors, Albert A. List and Vera G. List. Albert List disposed of 6,000 shares, retaining 576,814. Vera List, as trustee, acquired 6,000 shares and disposed of 6,000 shares, keeping 521,853. Transaction by Hofman Herbert A. Hofmann, a director of Loew's Theatres, Inc., as trustee, acquired 100 shares in September,' bringing the trustee holdings to 1,100 shares. Hofmann is listed as holding 1,000 shares. Charles F. McKann, a director of Stanley Warner Corp., disposed of 100 shares of common in October, retaining 600. Harry Brandt, a director of TransLux Corp., acquired 800 shares of common in September and holds 162,900. Foundations listed under Brandt acquired 1,100 shares and disposed of 2,300 shares, retaining 34,180. Jay Emanuel, a director, acquired 600 shares in October, bringing him up to 13,900 shares. Another director, Milton C. Weisman, The Wackiest Ship in the Army ■ CONTINUED FROM PAGE I Margolis and William Raynor, which was put into screenplay and directed by Richard Murphy, registers as pure escapist entertainment for the entire familv. rt, LeT°^ a Vf'y CaPabIe assist in building ]augh situations through the selection of a loyal, though inexperienced crew for the antiquated vessel enlisted for a special mission. Mike Kellin is the chief mate who screams his commands at Jobv Baker, Warren Berlinger Toe Galhson and Alvy Moore. 5 J of Tr!e SdrIlWi? Luemm°n's bein§ tricked into accepting command of the derelict ship by his peace-time buddv, John Lund, now a Lt seZtZ pVV1 °Tf EnSign RiGky Nelson and Lund's attr^ive secie arv Patricia Dnscoll. Lemmon trains his crew to handle the sailing vessel and its unpredictable swinging boom, and reaches New G2 through a raging storm and the mined entrance to Port Moresby He learns from Tom Tully that Richard Anderson has been assX ned to take over the crew and the ship with Chips Raffertv aboard as °an Australian scout to guide them to Japanese infested Cape Glouster where o?s ?rlV7°rtr apaT6 Ship moveme"ts. Lemmon resents Anderson s attitude and takes off on the mission with himself in command native's to'fool5! P g ^ dan§erous reefs and the crew dress 'as natives to fool Japanese scouting planes. Once ashore they discover the /XT" rX PreParin|for an They are able to send informa tion through m time to Port Moresby which results in the defeat of the Japanese m the Battle of the Bismarck Sea; but not before tlev have an swSgh^boom 11686 Capt°rS Wh°m they °UtWit With the aid of the his^e^r^ U'S'S1 K^tVc bI°Wn U? °ff the CaP6' but Lei™ a«d a e cW wTJ u7 U'S NaVd pIan6S; and Lemmon and ^hon aie each lewarded with promotions to command of their own ships Running time, 100 minutes. Release, in January. P Samuel D. Berns TOT IllJ Variety Club New< CHICAGO Robert Conn merly manager of the 20th Ceil Fox office here, who has been { moted to the "national sales carl recently formed by general manager Glenn Norris, was $rue honor on Friday at a dinner ten, 5«mMer\rby, Variety CIub> Ten 26. Nat Nathanson, midwest dn manager of Allied Artists, was o man, with Jack Kirsch and I Lustgarten as co-chairmen. A NEW ORLEANS Tent N( on Thursday will hold its ChriParty in the grand ballroom oi New Orleans Athletic Club D will be served at 6 P.M., followe hours of entertainment. Proceec the affair are added to the charity coffers. TV Block-Booking 'En joined ( Continued said, instead, the distributors should offer to renegotiate" these completed deals. When it comes to selling post1948 films in the future, however, Judge Dawson issued a warning to the defendants, "Certainly," he said, "we would not want the defendants to follow certain of the procedures which they followed in reference to the pre1948 films and which are found in this opinion to be in violation of anti-trust laws." Defendants in the suit were Loew's, Inc., C & C Super Corp., Screen Gems, Associated Artists, United Artists, and National Telefilm Associates. The suit was originally filed in the spring of 1957. It finallv came to trial in March of this year and lasted 36 days. Louis Nizer was chief counsel for the defendants. In supporting the government by issuing an injunction against "blockbookings," Judge Dawson said the decision was dictated by the "facts of the case-the present state of licensing feature films to tv. "As appears from specific finding of facts relating to the particular defendants," he said, "the defendants disposed of his entire holdings of 1,000 shares in September. Robert S. Benjamin, a director of United Artists Corp., disposed of 400 shares of common in October keepin <r 300. 1 from page 1 ) have each, from time to time and to the extent set forth in the specific finding of facts, licensed or offered to license one or more feature films to television stations on condition that the licensee also licenses one or more other such feature films. They (defendants) have from time to time and to the extent set forth in the specific finding of facts, refused expressly or impliedly, to license feature films to television stations unless one or more feature films were accepted by the licensee." Calls Language Too Broad In denying the government request that past contracts be renegotiated the judge said there was no legal foundation for it. "The language set forth in the (government) complaint is too broad. The anti-trust laws do not require that every owner of a product must be ready to offer such product for sale to anyone interested in purchasing it. Nor do the antitrust laws prevent the owner of television films from offering them in groups or blocks. The law simply requires that a person may not condition the sale of one product upon the purchase of another product; or the licensing of one television film on another." Any injunction to the latter effect would be appropriate, the judge declared, "as the language of any in Music Hall Christma Show Starts Thursda Radio City Music Hall's Chris presentation, a three-part screen stage program, will open on Tf, day. Screen attraction, will be world premiere of Warners' * Sundowners." It will be accompa by the Music Hall's traditional ', eant of "The Nativity," producec 7" .Leonidoff, and "Hoh Wishes, a new revue staged by ] sell Markert featuring the Rockel Corps de Ballet, Symphony chestra and Grand Organ dire, by Raymond Paige, and special e artists. 6 Tie-In for 'Greener9 Universal Pictures and the 280 sociated Food Stores in the Gre New York area have developed a up on "The Grass Is Greener." Ass, ated will salute the film in its ti page newspaper ads in the A York Daily News; the Daily A ror; the Post; the Long Island P, and Neivsday on Thursday, Dec. and on Thursday, Dec. 15. junction should be determined the settlement of the decree." The judge also pointed out tJ there are other alternatives in seeki re-negotiation of existing contrai provided for in the Sherman Act. Ij vate parties injured in anti-trust la violations, he noted, may sue for injunction and for damages and rd recover treble damages. Referring to sales of films to in future, Judge Dawson obsen that "news stories indicate the called post-1948 films are about be made available for licensing the television industry." He th made the warning against followii— ■ procedures used in selling pre-19-B1* pictures in regard to the newer product.