Books: Presenting: The Missing Mogul

MOVING PICTURES: MEMORIES OF A HOLLYWOOD PRINCE by Budd Schulberg; Stein & Day; 501 pages; $16.95

In his early 20s he helped to create United Artists; before he was 30 he formed his own Hollywood movie company. In the next decade he became Paramount's head of production. The job paid $11,000 a week before "the age of taxes, accountants, business managers and tax shelters [when] the make-it-and-spend-it philosophy ruled the town." He discovered the "It" girl, Clara Bow, and the German character lead Emil Jannings; he promoted the careers of people as diverse...

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