Television: The Busy Air

¶Lucille Ball and Desi Arnaz, who in their old movie days met and fell in love at the RKO Studios, were well on their way last week to owning a big memento of their pre-TV past: the RKO lot itself. As bosses of TV's thriving Desilu Productions (I Love Lucy, Our Miss Brooks, December Bride), the couple offered about $6,000,000 for RKO's 15-stage lot in Hollywood plus its eleven-stage studios in Culver City and its valuable stock footage library. The deal—perhaps the most dramatic example yet of TV's upstaging the movies in their own backyard —is being "finalized" with the General...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!