Motion Picture Herald (Apr-Jun 1931)

Record Details:

Title:
Motion Picture Herald
Date:
Apr-Jun 1931
Publisher:
[New York, N.Y. : Quigley Pub. Co.]
Volume:
Motion Picture Herald (Apr-Jun 1931)
Leaf #:
0001552
Language:
English
Subjects:
motion pictures, Motion pictures -- Periodicals
Collection:
Hollywood Studio System
Format:
Periodicals
Contributor:
Library of Congress, MBRS, Moving Image Section
Sponsor:
Library of Congress, Motion Picture, Broadcasting and Recorded Sound Division
Coordinator:
Media History Digital Library
Description:
Founded in 1915 by a Chicago printing company as a regional trade paper for Midwest exhibitors. In 1916, editor Martin Quigley bought out the owners, and over the next 15 years, he grew EXHIBITORS HERALD into one of the most important national, weekly trade papers in the film business. Quigley acquired MOTOGRAPHY in 1917 and MOVING PICTURE WORLD in 1927. In 1930, he acquired MOTION PICTURE NEWS and the new 'consolidated' publication became MOTION PICTURE HERALD. From the pulpit of his editorial page, Quigley preached the need to improve the motion picture industry and improve the quality of the films. He skillfully served as a mediator in disputes -- between distributors and exhibitors, between the film industry and the Catholic Church (Quigley was one of the architects of the Production Code). Quigley claimed that EXHIBITORS HERALD represented the 'independent exhibitor' and sections like 'What the Picture Did for Me?' certainly provided a forum for theater owners. But plenty of exhibitors viewed Quigley as a servant to the studios and large theater chains. In response, publications such as SHOWMEN'S TRADE REVIEW, INDEPENDENT EXHIBITORS FILM BULLETIN, HARRISON'S REPORTS, and BOX OFFICE were either formed or grew significantly in the years following Quigley's brief moment of consolidation in 1930. -- Eric Hoyt, 2014
Date Added:
August 29, 2022
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10 MOTION PICTURE HERALD June 20, 19 3 1 STATUS OF THE INVESTOR'S DOLLAR IN FIVE MAJOR PICTURE COMPANIES iio7o_ 109% 9o% . 80%. . lo'A . 60%. 5o%. 3o7o. 7^% 310% . 300% . 26o% iio/i 1°°% l6o% 1 40% lZo% &o% _ 6o% . Ioo7o 80%. 707, 60%, 5o%. 20% i^T" I— I RATIO OF NET WORKINC CAPITAL TO MARKET RATIO OF BOOK VALUE TO MARKET RATIO OF OPERATING PROFIT TO MARW.ET VALUE On the three charts the 100% ( ) line represents the current nnarket price of the total outstanding shares as shown in the latest available figures for five of the major film companies. The vertical represent net working capital, book value and operating income respectively. A study of these charts shows that every dollar invested at the market price in RKO represents approximately 30 cents in net working capital and $1.76 in book value, while the current market price is slightly under ten times the operating income for the year 1930. The market price for Paramount shows that for every dollar invested the net working capital is approximately 321/2 cents while the book value equals $2.15 and the stock is selling about four times its earnings for 1930. For every dollar invested in Fox Film Corporation the net working capital is approximately 40 cents and the book value $2.39. The stock is now selling about four and one-half times the earnings for last year. Loew's, Inc., shows for every dollar of market value 55 cents in net working capital and $1.07 book value and is selling at a price under four times its earnings last year. Warner Brothers shows for every dollar at the market value 65 cents for net working capital and $3.23 book value. Warner Brothers having no profits in current periods there can be no calculation of the ratio of earnings to market value. Cinema's Suit vs, Warner May Wait Until October H. J. Yates' Cinema Patents suit against Warner Brothers, which charges patent infringement, did not go to trial this week as was expected, and it is unlikely that it will be heard in U. S. District court, at Brooklyn, until the October term. A heavy court calendar caused a hold-up. Yates this week obtained the services of Melville Church, well-known patent attorney, to head his legal battery which includes Henry T. Hornidge, of Kiddle, Margeson & Hornidge, who will be aided by Herbert A. Huebner, Cinema vice president, and a patent attorney. Sam Darby, Jr., rejiresents Warners in the suit, outcome of which may alter the structure of the laborator\ field. Carl Laemnnle Leaves East For Studio with Carl, Jr. Carl Laemmle, president, and Carl Laemnile, Jr., general manager of production of Universal, left New York last week for the Coast. Accompanying them were Maurice Fleckles, Harry Zehner. Jack Ross and Dave Bader.