Monday, Nov. 13, 1950
New Horizon
Stanley Kramer is an intense young man who learned moviemaking from the ground up, as studio handyman, film cutter, script editor, scenario writer, wartime writer-director of Signal Corps training films. At 32, just out of the Army, he got together a team of bright young moviemakers, wangled financing, started in as an independent producer. Short of money, he slashed costs by rehearsing his actors thoroughly before the cameras began to grind. The B-budget results he turned out --Champion, Home of the Brave, The Men--rated A with both critics and the ticket-buying public, made Hollywood sit up and take goggle-eyed notice.
Last week Kramer teamed up with shrewd Sam Katz, cofounder of the Balaban & Katz theater chain, onetime vice president of Paramount Publix, longtime M-G-M executive, to form the Stanley Kramer Co., Inc. As president and executive producer, Stanley Kramer will contribute his abundant talent and his team. Board Chairman Katz will contribute his distribution know-how and $2,000,000. Once the company really gets rolling, said President Kramer, it will produce and distribute some 20 films a year.
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