Hollywood, which had neurotically exaggerated its economic doldrums (TIME, Dec. 27), was startled last week to find its new-found optimism dramatized at last. For the first time in eleven years, M-G-M summoned 81 of its far-flung sales executives to hear the good news straight from the front office: the company, which released 24 pictures last year, was going to turn out an imposing total of 67 in the next 12 to 15 months.
The big plan was the work of aggressive, able Dore Schary, 43, MGM's new vice president in charge of production. Of...
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