Business & Finance: Film Revisions

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While Fox's latest change was taking place, Radio-Keith-Orpheum Corp. was completing the adjustments started fortnight ago when N. B. C.'s Merlin Hall Aylesworth was elected president. Mr. Aylesworth will divide his time between N. B. C. and RKO. Last week it was decided that Vice President Benjamin Bertram Kahane will be given complete charge of film production and distribution as president of RKO Radio Pictures. Large, a smoker of great cigars, Mr. Kahane received his training as a lawyer, learned the entertainment business when he handled the accounts of Chicago's Kohl & Castle and Orpheum Circuit. When RKO was facing its financial difficulties last autumn. Widow Caroline Lewis Kohl, a big stockholder, threatened suits. Mr. Kahane, her husband's onetime attorney, gently and wisely pacified her, won much RKO gratitude. He helped put the Keith-Albee and Orpheum Circuit together, was active in the RKO consolidation in 1928, becoming secretary & treasurer. With a free hand, he will be responsible for a new RKO policy: helping finance independent producers in return for a share of their productions' profits.

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