Cinema Control
STRUGGLE IN BRITAIN BIG DEALS IN THEATRES [By Telegraph Press Association - Copyright) LONDON, Feb. 24. The Weekly Dispatch says that the Gaumont-British film concern, with allied companies, with a capital of £5,700,000 and British International Pictures with a capital of £3,000,090, are waging a struggle for supremacy in the cinema business. They are buying independent theatres, with the result that nearly a hundred, valued at £5,000,000, have changed hynds in a month. More purchases arc expected including the London Pavilion and other properties owned by Mr A. E. Abrahams, who has been offered £2,000,000 for them. The Star says that the British •companies arc forging a bargaining weapon eventually to secure the distribution of British pictures in the United States. It adds: “Hollywood renters are demanding a huge percentage of the receipts in Britain. They have killed the goose that lays the golden eggs by unwittingly throwing on the market properties which the British are snanninff un.”
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WC19350226.2.36
Bibliographic details
Wanganui Chronicle, Volume 79, Issue 46, 26 February 1935, Page 5
Word Count
159Cinema Control Wanganui Chronicle, Volume 79, Issue 46, 26 February 1935, Page 5
Using This Item
NZME is the copyright owner for the Wanganui Chronicle. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.