Cinema: Exit

For months the movie industry had buzzed with rumors that Cinemagnate Louis B. Mayer, creator of the star system and one of Hollywood's production giants, was getting ready to resign from the studio he had helped to found 27 years ago. It was no secret that Production Boss Dore Schary's cost-cutting regime was just what the big brass at Loew's, Inc. (MGM's parent company) wanted, that Mayer was becoming a stranger in his own house. Last week the Hollywood Reporter's Bill Feeder tried an old newsman's stunt. He telephoned Mayer to express his...

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