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Showmanship on the Coward scale is almost big business. To handle the money end of his affairs he has headquarters in London, where he is called "The Great White Father," another in Manhattan's RKO Building, where there is a photomural of a scene from his Bittersweet. In each of these places, head man is a tall (6 ft.), graceful Yaleman (1922) of 37-John C. Wilson of Trenton, N. J. After college he escaped briefly from Wall Street when given a small part in a road company of Polly Preferred. Back in trade, he got Noel Coward...
Chapter 1. RKO was formed in October 1928 as a holding company for Keith-Albee-Orpheum Corp., F. B. O. (Film Booking Office) Productions, Inc. and a half-dozen other subsidiaries engaged in vaudeville and cinema businesses. RKO then embarked upon an expansion program, acquiring theatre properties at top prices at a time when the public's desire for vaudeville was diving downward. To speed its entrance into the "talkies," RKO issued Class B stock (500,000 shares), gave it to Radio Corp. of America in exchange for rights to RCA Photophone sound-picture equipment and special considerations from...
Chapter 2, Under this arrangement RKO made $1,669,000 in 1929, $3,385,000 in 1930, although nothing was paid on RKO's stock. For $4,700,000 in cash and notes, RKO early in 1931 bought the production and distribution facilities of Pathe Exchange, Inc., whose head had been Joseph Patrick Kennedy, later Securities & Exchange Commission chairman. The deal gave RKO a newsreel, enabled it to plunge further into a cinemaking program which proved costly as the depression deepened...
...RKO earnings looked rosy for the first quarter of 1931, but additional funds were acutely needed by autumn, and something had to be done to avoid receivership. The Class A stock which sold as high as $50 per share in 1930, was selling at $12 by October 1931, later fell...
Interviewing reporters back-stage at the RKO Boston Theatre yesterday, Cantor, clad in shrieking pink underwear, spoke seriously on education...