Word: entrepreneurs
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Dates: during 1930-1939
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...Entrepreneur Myers began promoting a deal: let little TVA buy Nebraska's private utility systems outright, finance the purchase by a bond issue of about $90,000,000. Banker Myers tied up with young Paul H. Nitze, a former officer of Dillon, Read & Co., arranged a nationwide syndicate to market the bonds. The first Nebraska utility man Mr. Myers interviewed practically threw him out. But back in Wall Street the holding-company financiers who run utilitydom were seeing the handwriting on the wall in Wendell Willkie's losing fight against big TVA. A few judicious telephone calls soon...
Holding no television broadcasting license. Educator-Entrepreneur Evans carries his pictures from M. I. T.'s second-story studio to its street-level showroom by wire. Amateur talent on the first show included Boston's Mayor Maurice Joseph Tobin. Professional performers will be hired only if the box office take is large enough to pay salaries. President Evans does not expect his theatre to survive Boston's first curiosity to see television pictures. Said he: "I've always practiced the reduction of ideas to practice...
...made his reputation five years before -was The Son of the Sheik, which grossed $2,500,000 after his death. Last year, Producer Joe Schenck's Art Cinema Corporation, which made the picture, sold the negative, along with some 30 other old cinema scraps, to an alert entrepreneur named Emil Jensen. Wary Mr. Jensen began operations by trying out The Son of the Sheik in Washington. When it broke all house records, he decided to invest a little money in reconditioning. With a musical score and a few elementary sound effects, the picture opened in Boston three weeks...
...still love him." This week The Son of the Sheik is scheduled to play in 16 cities, including Los Angeles, Cleveland, San Francisco and Philadelphia. Next week, it will be on view in 31. Thereafter, it will play about-500 key circuit theatres and eventually 5,000 neighborhood houses. Entrepreneur Jensen's conservative estimate of his takings from The Son of the Sheik's renaissance...
...Presented by Sol Hurok, sometime entrepreneur of Monte Carlo Ballet Russe, Shan-Kar, Schumann-Heink, Chaliapin, Pavlova, Isadora Duncan...