Paramount
In 1913, Goldfish along with his brother-in-law Jesse L. Lasky, Cecil B. DeMille, and Arthur Friend formed a partnership, The Jesse L. Lasky Feature Play Company, to produce feature length motion pictures. Film rights for the stage play The Squaw Man were purchased for $4,000 and Dustin Farnum was hired for the leading role. Shooting for the first feature film made in Hollywood began on December 29, 1913.
In 1914, Paramount was a film exchange and exhibition corporation headed by W. W. Hodkinson. Looking for more movies to distribute, Paramount signed a contract with the Lasky Company on June 1, 1914 to supply 36 films per year. One of Paramount's other suppliers was Adolph Zukor's Famous Players Company. The two companies merged on June 28, 1916 forming The Famous Players-Lasky Corporation. Zukor had been quietly buying Paramount stock, and two weeks prior to the merger, became president of Paramount Pictures Corporation and had Hodkinson replaced with Hiram Abrams, a Zukor associate.
With the merger, Zukor became president of both Paramount and Famous Players-Lasky, with Goldfish being named chairman of the board of Famous Players-Lasky, and Jesse Lasky first vice-president. After a series of conflicts with Zukor, Goldfish resigned as chairman of the board, and as member of the executive committee of the corporation on September 14, 1916. Goldfish was out as an active member of management, although he still owned stock and was a member of the board of directors. Famous Players-Lasky would later become part of Paramount Pictures Corporation, and Paramount would become one of Hollywood's major studios.
Read more about this topic: Samuel Goldwyn
Famous quotes containing the word paramount:
“My paramount object in this struggle is to save the Union, and is not either to save or to destroy slavery. If I could save the Union without freeing any slave, I would do it; and if I could save it by freeing all the slaves, I would do it; and if I could save it by freeing some and leaving others alone, I would also do that.”
—Abraham Lincoln (1809–1865)
“If all political power be derived only from Adam, and be to descend only to his successive heirs, by the ordinance of God and divine institution, this is a right antecedent and paramount to all government; and therefore the positive laws of men cannot determine that, which is itself the foundation of all law and government, and is to receive its rule only from the law of God and nature.”
—John Locke (1632–1704)
“There are many faculties in man, each of which takes its turn of activity, and that faculty which is paramount in any period and exerts itself through the strongest nation, determines the civility of that age: and each age thinks its own the perfection of reason.”
—Ralph Waldo Emerson (1803–1882)