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.”
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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
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