Sodom and Gomorrah : the story of Hollywood (1935)

Record Details:

Title:
Sodom and Gomorrah : the story of Hollywood
Date:
1935
Publisher:
Los Angeles : End Poverty League
Volume:
Sodom and Gomorrah : the story of Hollywood
Leaf #:
000222
Language:
English
Collection:
Books
Format:
Books
Contributor:
Media History Digital Library
Sponsor:
Media History Digital Library
Coordinator:
Media History Digital Library
Description:
Date Added:
March 28, 2024
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218 SODOM AND GOMORRAH the company without the assistance of four other vice-presidents. Mr. B. P. Schulberg was head of production at Paramount at the time this company's stock was selling for $.75 a share. To compensate him for his worthy services, he was paid $400,000 annually. With the company in bankruptcy and running continually in the red, Mr. Schulberg's salary was nothing but brigandage. However, this is right in line with Paramount's reputation as a standing example of legal robbery and plunder. Even today, when stock in the corporation— it has a new name after each successive reorganization — is selling for between three and four dollars a share, the price represents the rankest inflation! There is more to follow about Paramount's business methods. Its president, Adolph Zukor, has contrived most successfully to remain head of the company throughout its many changes, even managing to be appointed receiver, although it was under his management that the company completely collapsed! 'j So it goes with them all. Typical of the situation at Warners is the now somewhat stale joke concerning a passerby at a magnificent funeral service. "Who is the deceased?" he inquired, "and what caused his death?" . . . "Mr. Brown was a great Warner Brothers stockholder," was the reply. "He died of starvation."