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Consumer Photo Division Spurs Technicolor Earnings
MGM’s Seadler To Direct Special Promotion Projects
NEW YORK — Robert H. O’Brien, presi¬ dent of MGM, has announced the appoint¬ ment of Si Seadler as director of special projects. Seadler will be in charge of the promotion of specific attractions, as well as originating special promotional projects for the company.
Currently, Seadler is promotional head of the special emit supervised by Fred Schwartz and is handling the “Operettas” and “World Heritage” pictures and other series in the MGM reissue department. He will continue this work in addition to his new post.
With Schwartz, he developed the unit which gained industry attention by demon¬ strating the public’s interest in the fine mo¬ tion pictures of the past and how they can be made productive for the film companies. Recently, Seadler went to the annual national conference of the Motion Picture Councils of America in Atlanta to accept this or¬ ganization’s citation to MGM for its activities in this field.
He supervised the presentation of New York’s First Operetta Film Festival at the 34th Street East Theatre, which has just con¬ cluded a successful five week engagement at that theatre, the run having been extended two weeks from its original three because of public interest.
New U Pact For Castle
UNIVERSAL CITY, CALIF.— Universal Pic¬ tures and William Castle Productions have entered into a three-year agreement cover¬ ing both feature and tv film production, it has been announced by Edward Muhl, Uni¬ versal vice-president in charge of production, and producer-director Castle.
The new exclusive contract calls for the production of a minimum of five feature films during the next three years and also covers tv film production should Castle decide to enter this field.
Castle also revealed that he is completing plans for the organization of a new company to handle merchandising on numerous Castle products.
Castle’s first picture under the new Uni¬ versal pact will be “In Case Of Murder.”
Pay-TV Issue On Ballot
LOS ANGELES — The unanimous State Supreme Court decision rejecting a suit to remove the Nov. 3 general election ballot Proposition 15, the “free-tv” initiative, was hailed as a “victory for the public” by the measure’s sponsors.
Frederick C. Dockweiler, Southern Cali¬ fornia chairman of the Citizens’ Committee for Free-TV, declared:
“The Pay-TV proponents did not get to first base on their claim that the free tele¬ vision initiative was unconstitutional. It turned out to be just another in a series of legal maneuvers designed to prevent the voters from having their say on whether they want to be forced to pay for television programs they are now receiving free.”
SW Declares Dividend
NEW YORK — The board of directors of Stanley Warner Corporation has declared a dividend of 30 cents per share on the common stock, payable Aug. 25 to stockholders of record Aug. 10.
NEW YORK — Patrick Frawley, chairman of the board and chief executive officer of Tech¬ nicolor, Inc., announced, the earnings for the first six months of 1964. Technicolor, Inc., and its wholly owned subsidiaries earned $2,137,015 or 71 cents per share on 2,997,688 shares outstanding, as compared to $1,971,204 or 67 cents per share on 2,928,954 shares for the same period of 1963. Record consolidated net sales for this period were $47,061,964, as compared to $41,874,016 for the same period of 1963.
Frawley also announced the payment of a regular quarterly cash dividend of 12% cents per share.
Frawley stated, “The major portion of the increase for the first six months of this year is due to a substantial increase in sales and earnings in the Consumer Photographic Divi¬
sion. During 1963, a new trend was started in the Consumer Photographic Division and we are pieased that it continues to accelerate.
“The Technicolor 8mm Instant Movie Cartridge Projector has been so widely and enthusiastically received in the marketing, in¬ dustrial, educational, and military areas that sales for this unique concept will reach an all-time high this year. Recently five new and improved models were introduced in order to serve this area more efficiently.
“The Consumer Photographic Division will continue to add new products to the line and increase its shar e of the high volume amateur photographic business. We are introducing a new Technicolor 8mm Movie Camera which will be a companion item for the Technicolor 8mm Instant Movie Cartridge Projector.”
Karla was rich and very lovely. Why did she pervert the morality of a town ... to kill the man she had loved?
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'THeViSlT
CINEMASCOPE
IRINA DEMICK/PAOLO STOPPA
Produced by Directed by Screenplay by
JULIEN DERODEiANTHONY QUINN/BERNHARD WICKI/BEN BARZMAN
One in a series of provocative ads for 20th’s big September release!
WILL STIR ■ AND SELL'OM !
I I
August 5, 1964
MOTION PICTURE EXHIBITOR