Monday, Jan. 09, 1956

Newsreel

P:The season for movie awards blossomed like a turn-of-the-year perennial when the New York Film Critics agreed with the National Board of Review of Motion Pictures in naming Marty the best movie of the year. Other choices by the critics: best actor, Ernest Borgnine in Marty; best actress, Anna Magnani in The Rose Tattoo; best director, David Lean for Summertime; best foreign-language film, a tie between Italy's Umberto D. and France's Diabolique.

P:Movie programs at neighborhood theaters will be changed more often in 1956 because of a 10% increase in movie production last year, the first such production rise in Hollywood since 1951. Exhibitors believe that more movies playing for shorter runs will help raise the box-office take, which suffered a recession in 1955 (TIME, Jan. 2).

P:Loew's Inc., which runs MGM, announced that its earnings for the fiscal year ended Aug. 31, 1955 will be lower than the $6,577,311 it made for the 1954 period. The dip in earnings is largely the result of two M-G-M box-office flops: The Prodigal, starring Lana Turner, which cost $3,000,000 and to date has grossed $2,200,000 in the U.S., and Jupiter's Darting, with Esther Williams, which cost $3,000,000 and has recouped only $1,500,000 in the U.S.

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