Drastic Hollywood Economy
A new drastic economy. campaign has begun in Holiywood, the second in less than a year. The reason is that profits have slipped 75 per cent. compared with the previous year. / The biggest axe' is beihg wieldeid .by. Haward -Hughes- the new boss of R.K.O., and net the most popular man in the world. Firings are ruthless. M.-G.-M/ is also handing" hundreds their hats. ,Many' night clubs have closed, radio stars' salaries have been seyerely cut, saies' of sheet music are down 40 per cent. and theatres are half empty. Television alone is booming. ' !
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Bibliographic details
Chronicle (Levin), 4 September 1948, Page 6
Word Count
97Drastic Hollywood Economy Chronicle (Levin), 4 September 1948, Page 6
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