Word: schencks
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Dates: during 1930-1939
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...cigar-puffing 64-year-old onetime Glasgow solicitor named John Maxwell, who had just upset the biggest film deal of the year-to make an even bigger one. Mr. Maxwell had as good as bought Gaumont-British, thereby discomfiting two resounding Hollywood names, the brothers Nicholas and Joseph Schenck...
About a year ago dapper Brother Isidore decided that something should be done to lessen international cinema competition. When he mentioned this to Joe Schenck, that U. S. cineman agreed with him. And since plenty of cash might further the idea, they mentioned it to Nick Schenck, who not only runs the most consistently profitable U. S. cinema company, Loew's Inc., but also its prodigious production subsidiary, Metro-Goldwyn-Mayer. After much shuttling between London, Manhattan and Hollywood, Isidore Ostrer and Nick Schenck were able to sit down with Joe Schenck last week and face the Press united...
...Nick Schenck's M-G-M will buy from Joe Schenck's Fox one-half its Gaumont-British interest. Asked how much M-G-M would pay for this half interest, Joe Schenck dismissed the question as an "unimportant detail." After the Brothers Schenck settle that "detail" between themselves, the deal will proceed to a second phase, which involves selling Gaumont control to the British public, a detail which will presumably be arranged by the Brothers Ostrer. In the end, instead of Fox owning 49% of the controlling holding company, the Ostrers...
...reason for this involved series of transactions was to reassure anxious Britons that Gaumont would remain "definitely" British. Another, and probably more important reason, was that it will enable the Ostrers to sell out more than two-thirds of their Gaumont stock to the British public. Joe Schenck will also cash in to almost the same extent through the British public and his Brother Nick. Brother Nick will be the only one left with less cash than when he started...
...regular holiday sport. There they were discovered by the late Marcus Loew, who knew smart showmen when he saw them. The theatre man helped them develop Palisades Park across the Hudson River from Manhattan, which they still own, gave them good steers on other amusement investments. Joe Schenck later went to Holly wood where he married Norma Talmadge and headed United Artists for years. Nick Schenck stuck by Loew's, taking over when the founder died in 1927. For box-office results Nick Schenck likes his pictures sentimental. Once when a feature was submitted for his approval, he shook...