Business: Paramount Salvage

Paramount Salvage

Late in the 1920's Wall Street suddenly awoke to the fact that cinema was Big Business. It was financially fashionable for brokers to call this discovery to their customers' attention in elaborate analyses of the new industry. Some people cocked a skeptical eye at the mushrooming of William Fox or the Brothers Warner but certainly Paramount Publix seemed a citadel of cinematic conservatism. Indeed, Paramount was the $300,000,000 medium through which the House of Kuhn, Loeb & Co. had seen fit to lift the film industry to the financial equal...

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