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Collapse of an Empire

‘HE pricking of the bubble of J. Arthur Rank’s film empire, ‘which became apparent with the publication the other week of his annual financial statement, was not a great surprise to those who had been following the course of events in recent years. In 1945 the New Statesman had remarked that the real power of the Rank combine rested upon its control of the distributing and exhibiting end of the industry, with little capital invested in the production side, from which at any moment it might withdraw, leaving a vacuum which could only be filled by "American financed companies making cheap films." On thé surface this gloomy prophesy seetfs to have been very close to the mark. Rank has said "that he will keep his studios at Pinewood and Denham going only until next June, after which they will either close down or "produce a limited number of films making use of the joiat resources of our group and a number of American ompanies." ; During 1948 and 1949, of course, matters had gone from bad to worse with

his empire. Three and a-half million pounds were lost on the films he produced, a sum which a box-office sp had prevented his 556 theatres m satisfactorily recouping. The industry languished generally, with thousands of technicians becoming unemployed, and several of the main studios becoming idle. "This crisis," said the New Statesman, "was to be expected. The film industry is now paying thé price for mismanagement, extravagance, and for the monopoly ‘which Mr. Rank was permitted ‘to build up during and-after the war. He made two. expensive gambles. First, he made .costly prestige films in the hope of breaking into the American market. Secondly, when the Dalton tax (requiring British exhibitors to show 40 per cent British features) cut off the supply of imported films for several months, he over-extended his resources, technically and financially, in the effort to produce more British films. Both gambles failed." But another reason for Rank’s failure was that several of his best production ' teams-Carol Reed, Powell and Pressburger, Launder and Gilliat-had gone

Over to the rising Korda organisation. And it is in this direction-that of the independent producer-that one must now apparently look for the maintenancé of the prestige that the British film industry attained in the post-war years. Gavin Lambert, in the latest issue of Sight and Sound, points to the recent co-operation between Korda and David Selznick, which has resulted in the production of The Third Man and Gone to Eatth, both expensive films, but with an assured American market to help pay for them. "Perhaps disaster will be avoided for the moment by Anglo-American production," he says, "but as a permanent solution this is hardly satisfactory. It would be more encouraging to see a company with such resources experimenting in the production of good films on a low budget instead of covering expenses with Amefican aid. The need for really !ndependent activity-film-making chat is not leholden to any executive power, whether it be of production, distribution, or the unions-is now more urgent than ever." But since the éxisting independents are already being financed in part by the Government, the quéstion of State Con- ‘ trol is also being raised. Whatever does happen, it is certain that nothing will be done in this direction until the dust of the election campaign has completely settled down.

This article text was automatically generated and may include errors. View the full page to see article in its original form.I whakaputaina aunoatia ēnei kuputuhi tuhinga, e kitea ai pea ētahi hapa i roto. Tirohia te whārangi katoa kia kitea te āhuatanga taketake o te tuhinga.
Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/periodicals/NZLIST19500224.2.38.1

Bibliographic details
Ngā taipitopito pukapuka

New Zealand Listener, Volume 22, Issue 557, 24 February 1950, Page 20

Word count
Tapeke kupu
564

Collapse of an Empire New Zealand Listener, Volume 22, Issue 557, 24 February 1950, Page 20

Collapse of an Empire New Zealand Listener, Volume 22, Issue 557, 24 February 1950, Page 20

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