Box office digest annual (1948)
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Financial Statements
1940 Profit or loss
1. loew's Inc. (MGM) . $ 8,908,407.00
2. Paramount Pictures . . 6,304,064.00
3. Worners-lst Notional . 2,747,473.00
4. Universal . 2,390,772.00
5. 20th Century-Fox . 2,282,663.00
6. Columbia . 512,186.00
7. Republic . 167,303.00
8. Monogram . . . — 179,656.00
9. RKO-Radio —988,191.00
Profit of above . $22,145,084.00
1941
Profit or loss
1.
Loew's Inc. (MGM) . .
$10,792,593.00
2.
Parcmount Pictures .
9,295,000.00
3.
Warners-lst National .
. 6,502,056.00
4.
20th Century-Fox .
4,921,926.00
5.
Universal .
. 2,645,941.00
6.
Columbia . . .r .
1,013,750.00
7.
RKO-Radio . .
538,693.00
8.
Republic . .
_ No statement issued
9.
Monogram . .
92,302.00
Profit of above .
$35,802,261.00
1944 Profit or Loss
1. Paramount Pictures . $16,488,106.00
2. Loew's Inc. (MGM) . 14,517,255.00
3. 20th Century-Fox . 12,480,491.00
4. Warner Brothers . 6,953,402.00
5. RKO-Radio . 5,547,490.00
6. Universal Pictures . 3,412,701.00
7. Columbia Pictures . 1,952,917.00
8. Republic Pictures . 569,409.00
9. Monogram . 177,822.00
10. PRC . No statement issued
11. United Artists . . No statement issued
Profit of above (except UA and PRC) . . $62,099,593.00
1945 Profit or Loss
1. Paramount Pictures . $17,821,000.00
2. loew's Inc. (MGM) . 13,199,925.00
3. 20th Century-Fox . 12,746,467.00
4. Warner Brothers . 9,901,563.00
5. RKO-Radio . 6,031,085.00
6. Universal Pictures . 3,910,928.00
7. Columbia Pictures . 1,945,168.00
8. Republic Pictures . 669,608.00
9. Monogram Pictures . 165,161.00
10. PRC (Pathe) . . . — No statement issued
11. United Artists _ _ _ _ _ No statement issued
Profit of above (except UA and PRC) . $66,390,905.00
1942 Profit or Loss
1. Paramount Pictures . $14,631,650.00
2. Loew's Inc. (MGM) . 12,132,606.00
3. Warner Brothers . 8,544,513.00
4. Universal Pictures . 2,968,231.00
5. Columbia Pictures . 2,922,003.00
6. RKO-Radio . 736,240.00
7. Consolidated (Owners of Republic) . 504,352.00
8. Monogram . 157,104.00
9. PRC .. . . No statement issued
Profit of above (except UA and PRC) . $53,216,488.00
1943 Profit or loss
1. Paramourit Pictures . $16,077,000.00
2. Loew's Inc. (MGM) . 13,791,472.00
3. 20th Century-Fox . 12,900,000.00
4. Warner Brothers . 8,238,483.00
5. RKO-Radio . 6,965,000.00
6. Universal Pictures . 3,759,968.00
7. Columbia Pictures . 1,800,000.00
8. Consolidated (Owners of Republic) . 580, 000. 0?)
9. Monogram . . 99,144.00
10. United Atrisfs . . . No statement issued
11. PRC . . . . . . No statement issued
Profit of above (except UA and PRC) . . $64,211,067.00
1946 Profit or Loss
1. Paramount Pictures . $44,000,400.00
2. 20th Century-Fox . 22,619,535.00
3. Warner Brothers . . . . 19,424,650.00
4. loew's Inc. (MGM) . 18,691,534.00
5. RKO-Radio . 12,187,805.00
6. Universal-International . 4,565,219.00
7. Columbia Pictures . 3,450,490.00
8. Republic Pictures . 1,097,940.00
9. Monogram Pictures . 379,474.00
10. PRC (Pathe) . No statement issued
11. United Artists . No statement issued
Profit of above (except UA and PRC) . $126,417,047.00
1947
Profit or Loss
1.
Paramount Pictures ...
. $31,668,709.00
2.
Warner Brothers .
. 22,094,000.00
3.
20th Century-Fox .
.
. . 14,003,640.0(}
4.
Loew's Inc. (MGM) .
. 11,626,427.00
5.
RKO-Radio .
. . 5,085,848.00
6.
Universal-International
. 3,230,017.00
7.
Columbia Pictures .
. 855,000.00
8.
Republic Pictures .
. 570,000.00
9.
Eagle Lion (Pathe) .
.. . . 210,815.00
10.
Monogram Pictures
. —63,548.00
11.
United Artists .
. No statement issued
Profit of above (except
UA) .
. $39,281,108.00
EDITOR'S NOTE: The financial statements published above are for the fiscal year from January 1st to December 31st if such reports were published; of not, they are for the. nearest similar period. The BOX OFFICE DIGEST figures and statistics were compiled b yNORMAN WEBB. The financial state¬ ments were furnished through the courtesy of E. F. HUTTON AND COMPANY, members of the New York Stock Exchange.
MAJOR PRODUCER-DISTRIBUTORS DROP OFF $36,000,000.00
All of lh» major producing-distributing corporations for the year 1947 showed net profits of a little over $89,000,000.00. As compared to the previous year when all of the companies showed a profit of $126,000,000.00, which was an all-time high, the drop-off in net profits is about $36,000,000.00.
While local business conditions were off a small amount during the latter part of 1947, most of this loss can be attributed to the English tax on American pictures. In 1946 the American film companies collected a little over $68,000,000.00 from England. According to the present quota, the United States film companies are supposed to collect $17,000,000.00 annually from England, although at this writing, this seems rather doubtful.