Decline
Lens manufacturer Panavision was initially founded in late 1953 as a manufacturer of anamorphic lens adapters for movie projectors screening CinemaScope films, capitalizing on the success of the new anamorphic format and filling in the gap created by Bausch and Lomb's inability to mass produce the needed adapters for movie theaters fast enough. Looking to expand beyond projector lenses, Panavision founder Robert Gottschalk soon improved upon the anamorphic camera lenses by creating a new lens set that included dual rotating anamorphic elements which were interlocked with the lens focus gearing. This innovation allowed the Panavision lenses to keep the plane of focus at a constant anamorphic ratio of 2x, thus avoiding the over-stretched "mumps" effect found in CinemaScope. After screening a demo reel comparing the two systems, many US studios adopted the Panavision anamorphic lenses. The Panavision technique was also considered more attractive to the industry because it was more affordable than CinemaScope and was not owned or licensed-out by a rival studio. Confusingly, some studios, particularly MGM, continued to use the CinemaScope credit even though they had switched to Panavision lenses. Virtually all MGM "CinemaScope" films after 1958 are actually in Panavision.
By 1967, even Fox had begun to abandon CinemaScope for Panavision (famously at the demand of Frank Sinatra for Von Ryan's Express), although a significant amount of the principal photography was actually filmed using CinemaScope lenses. Fox eventually capitulated completely to third-party lenses. In Like Flint with James Coburn and Caprice with Doris Day, were Fox's final films in CinemaScope.
Fox originally intended CinemaScope films to use magnetic stereo sound only, and although in certain areas, such as Los Angeles and New York City, the vast majority of theaters were equipped for 4-track magnetic sound (4-track magnetic sound achieving nearly 90 percent penetration of theaters in the greater Los Angeles area) the owners of many smaller theaters were dissatisfied with contractually having to install expensive three- or four-track magnetic stereo, and because of the technical nature of sound installations, drive-in theaters had trouble presenting stereophonic sound at all. Due to these conflicts, and because other studios were starting to release anamorphic prints with standard optical soundtracks, Fox revoked their policy of stereo-only presentations in 1957, and added a half-width optical soundtrack, while keeping the magnetic tracks for those theaters that were able to present their films with stereophonic sound. These so-called "mag-optical" prints provided a somewhat sub-standard optical sound and were also expensive to produce. It made little economic sense to supply those theaters which had only mono sound systems with an expensive striped print. Eventually Fox, and others, elected to supply the majority of their prints in standard mono optical sound form, with magnetic striped prints reserved for those theaters capable of playing them.
Magnetic striped prints were expensive to produce; each print cost at least twice as much as a print with a standard optical soundtrack only. Furthermore these striped prints wore out faster than optical prints and caused more problems in use, such as flakes of oxide clogging the replay heads. Due to these problems, and also because many cinemas never installed the necessary playback equipment, magnetic sound prints started to be made in small quantities for "roadshow" screenings only, with the main release using standard mono optical sound prints. As time went by roadshow screenings were increasingly made using 70mm film, and the use of striped 35mm prints declined further. Many CinemaScope films from the 1960s and 1970s were never released in stereo at all. Finally the introduction in 1976 of Dolby Stereo, which provided a similar performance to striped magnetic prints but more reliably and at a far lower cost, caused the 4-track magnetic system to become totally obsolete.
Read more about this topic: CinemaScope
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