THE THEATRE POOL
Yenliire inWhich Borough is a Partner Bchind th© fact iliat the Hastings Borough qounpil^ thsatfa fund was £1845 fn obdit at the end of the past financial year- there is an interesting atory, ' , " Several years ago — about 1919— th© municipality undertook' the showing of its own motiQn Picturee. Owing, howqyer, to the severe competition in thp purchaae of films, the scheme, was not a finaxrciar success. Therefore it was decided to link up with other theatre eoneerns whose lafger cireuits enable'd them to secure the besf pictures, and the theatres were placpd under an arrangeroent represent.ing the borough and Others. Th© "pool," dt ip known, conpjsts pf the BorQMgh Coum cil, J. C. Williamson's (Eegent) and Kemball's (Cosy). The whole of th© ineome from thpse theatrep is pooled, and the npt ineerap is distributed among the three parties. That is oue ef the yery important reasons' why the council haa neve? found dt necessary to levy a rate foj fte maintenance, interest qr sinking hmd of the Munieipal Theatre,
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https://paperspast.natlib.govt.nz/newspapers/HBHETR19370507.2.149.155.2
Bibliographic details
Hawke's Bay Herald-Tribune, Issue 94, 7 May 1937, Page 49 (Supplement)
Word Count
172THE THEATRE POOL Hawke's Bay Herald-Tribune, Issue 94, 7 May 1937, Page 49 (Supplement)
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