Radio: The O. Henry Manner

TV has brought a swarm of hungry, would-be film makers to Hollywood, often with no more equipment than a desk, a chair and an idea. One of the eager idea-men is Marc Frederic, 40, an ex-department-store buyer who was short on cash but long on inspiration. Luckier than most, he joined forces two years ago with Gifford Phillips, an heir to the Jones & Laughlin steel fortune, who had both money and the conviction that film was going to be the biggest thing in television.

Calling themselves the TeeVee Co., Frederic & Phillips first tried...

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