SHOW BUSINESS: Hollywood Happy Ending

The most potent force in U.S. moviemaking is a pair of Manhattan lawyers: Robert Benjamin, 49, and Arthur Krim, 48. At a time when things in Hollywood are going from bad to worse, they have demonstrated a new way to make fat profits and good pictures—or possibly vice versa. When, in early 1951, they took over United Artists, one of Hollywood's oldest and biggest film-distributing companies, it was losing $100,000 a day. Last week, in the first annual report since a public stock issue last spring, President Krim reported record profits of...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

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