Cinema: Universal to Cowdin

Among the eight major producing companies of Hollywood, Universal Pictures Corp. is the oldest and possibly the most extraordinary. It was formed in 1912 by Carl ("Uncle Carl") Laemmle. For the past 20 years it has produced an average of 40 pictures a year, with emphasis on horror films and Westerns. Its most famed silent picture was The Hunchback of Notre Dame. For the past year, Hollywood has heard rumors that Universal was for sale. Last week the rumors were confirmed. Uncle Carl Laemmle sold his controlling interest in the company — 80% of...

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