Motion Picture Herald (Jul-Aug 1936)

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July 2 5, 19 3 6 MOTION PICTURE HERALD >7 SCHENCKS-OSTRER DEAL AT A GLANCE PRESENT ALIGNMENT Voting Stock of GAUMONT-BRITISH THE NEW PLAN (Agreed Upon in Principle) GAUMONT-BRITISH METROPOLIS AND BRADFORD TRUST (Holding Company) (57%) PUBLIC (43%) NEW HOLDING COMPANY (Succeeding Metropolis and Bradford Trust) (57%) PUBLIC (43%) 20TH CENTURYFOX (49%) OSTRERS (51%) 20TH CENTURY -FOX, MGM, OSTRERS *(49%) Intermediate Stage of New Plan 20TH CENTURYFOX *(I6.3%) PUBLIC (Agreed that Ostrers, Fox and MGM buy none of these shares) *(5I%) OSTRERS *(I6.3%) MGM 20TH CENTURY (24.5%) FOX (24.5%) MGM *(I6.3%) Approximate percentages. HOW THE VARIOUS HOLDINGS IN GAUMONT-BRITISH COMPARE UNDER THE NEW PLAN * r"" MGM d S Participation of the Public in Voting Shares Under the Realignment ury Fox Brothers 3 ^ The two segments at the right represent the public's participation in the new plan for Gaumont-British structure under the agreement-in-principle of Nicholas M. Schenck of Metro-Goldwyn-Mayer, Joseph M. Schenck of 20th Century-Fox, and Isadore Ostrer. The segment farthest to the right is the public's 43 per cent in Gaumont-British. The segment second from the right is the public's holding in the new company to be formed to supplant Metropolis and Bradford Trust, agreement having been made that none of this stock be held by Fox, MGM or the Ostrers. (In New York it was indicated on Wednesday that the final phase of the program in contemplation would find the Ostrer interests ultimately retired from an ownership position — the American companies retaining only about 2 5%, and 65% reposing with the British investing public.)