Universal Pictures Company, Inc. - 1940's

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Universal Pictures Company, Inc. Specimen Stock Certificate printed in 1945.  Nate Blumberg is president.  Mint condition.

Nate Blumberg. Born in New York City, Blumberg was an adviser with the CBS Broadcast group when Universal Pictures owner Carl Laemmle hired him to head the studio's management and finance departments in the mid-1930s. With his leadership and guidance for production manager Cliff Work, he made Universal Pictures a first run market with A-class bankable stars, for movie and film projects. He served as Universal Pictures president (1938-52) and as chairman of the board (1952-60). He died while in office at age 66 in Hollywood, California.

 

Universal Pictures History

 

1867

 On January 17, Carl Laemmle is born in Laupheim, Germany, the tenth child of Rebecca and Nathanael Laemmle. In 1884 the boy immigrates to America.

 

 1906

 On February 24, Carl Laemmle, now 39 years old, opens the White Front Theatre in Chicago, the first of a string of nickelodeons.

 

 1906

 In November, Laemmle founds the Laemmle Film Service, a film distribution company that by 19l9 was servicing a majority of cinemas in the Midwest and Canada.

 

 1909

 In June, Laemmle founds the Yankee Film Company, soon to be named the Independent Moving Picture Company of America (IMP) in New York. IMP takes the lead in defying the Motion Picture Patents Trust, a monopoly attempting to control all phases of film production, distribution, and exhibition.

 

 1909

 On October 25, IMP’s first film production, Hiawatha, directed by William V. Rancous on location in Coytesville, N.J., is released by the studio.

 

 1911

 MP acquires first West Coast studio at Gower and Sunset in Hollywood.

 

 1912

 On June 8, 1912, Universal Film Manufacturing Company is founded, the result of a merger of IMP (Carl Laemmle), Powers Motion Picture Co. (Pat Powers), Rex Motion Picture Company (William Swanson), Champion Film Company (Mark Dintenfass), Nestor Film Co. (David Horsley), and the New York Motion Picture Co. (Charles Baumann and Adam Kessel).

 

 1913

 The Universal Animated Weekly, the studio’s first newsreel is founded.

 

 1913

 Universal’s first feature length film, Traffic in Souls, directed by George Loane Tucker, grosses $450,000, thanks to its sensationalist story of white slavery.

 

 1914

 Isadore Bernstein purchases 230 acre Taylor Ranch in North Hollywood for $165,000, which had been used by Universal for outdoor scenes since 1912 ("Universal Ranch"). Ground is broken on June 18 for Universal Studios, and production is in full swing by September. Damon and Pythias becomes the first feature film shot at Universal City.

 

 1915

 On March 15, 1915, Universal City celebrates its gala opening. For 25¢, the public is allowed to observe the set of movies in production.

 

 1916

 Where Are My Children?, written and directed by one of Hollywood’s earliest female filmmakers, Lois Weber, grosses over $3 million.

 

 1919

 Erich von Stroheim directs his first film at Universal, Blind Husbands.

 

 1924

 Dr. Jules Stein and William R. Goodheart Jr. found Music Corporation of America (MCA) as a talent agency for live music and later radio. Some of their famous clients included Tommy Dorsey, Guy Lombardo, Lionel Hampton, Benny Goodman, Burl Ives, Frank Sinatra, Gene Krupa, Kay Kaiser.

 

 1925

 Rupert Julian’s Phantom of the Opera stars Lon Chaney.

 

 1928

 Universal opens its first "talking picture," Melody of Love. The Universal tour is discontinued in 1930, due to the need for quiet sets.

 

 1928

 Walter Lantz, creator of Oswald the Rabbit, Woody Woodpecker, and Andy Panda, joins Universal, where he will remain as an animator and later, independent producer for almost sixty years, except for a brief stint at U.A. (1947-48). In 1984, MCA acquires Walter Lantz Productions.

 

 1929

 Carl Laemmle, Jr., Uncle Carl’s twenty-one year old son, is placed in charge of production at Universal and institutes a radical change in studio policy, producing a series of prestige pictures while de-emphasizing "programmers."

 

 1930

 All Quiet on the Western Front wins "Best Picture" Academy Award.

 

 1931

 Dracula and Frankenstein are released, beginning Universal’s horror cycle.

 

 1934

 In July, American Decca Recording Company is formed by Jack Kapp and Edward Lewis, founder in 1929 of the Decca Record Co., Ltd. (England).

 

 1935

 MCA receives a blanket waiver from the American Federation of Musicians, permitting them to act in the dual capacity as talent bookers and program producers, allowing them to package radio shows with their own bands.

 

 1936

 On March 14, Carl Laemmle is forced out by Universal’s creditors and a financial group around Standard Capital takes over the studio for $4.5 million. Charles R. Rogers becomes head of production, and J. Cheever Cowdin, President.

 

 1936

 Twenty-two year old Lew Wasserman joins MCA in Cleveland. Ten years later, on December 16, 1946, Wassermann is appointed president.

 

 1936

 Three Smart Girls, directed by Henry Koster, introduces fourteen-year-old Deanna Durbin. The film earns $1.6 million on an investment of $261,000. Over the next twelve years Durbin will star in 21 box office hits, contributing immeasurably to the studio’s bottom line.

 

 1938

 In January, Cliff Work succeeds Charles R. Rogers as production head, and RKO theatre executive, Nate Blumberg, is named president.

 

 1938

 MCA opens an office in Beverly Hills, across the street from City Hall. In January, Cliff Work succeeds Charles R. Rogers as production head, and RKO theatre executive, Nate Blumberg, is named president. 

 

 1939

 Deanna Durbin wins a Special Academy Award "for bringing the spirit and personification of youth to the screen."

 

 1939

 W.C. Fields stars in You Can’t Cheat an Honest Man, the first of four comedies the actor will make at Universal.

 

 1940

 A minor radio team, Bud Abbott and Lou Costello, make A Night in the Tropics, which catapults the duo to such fame that many subsequent titles have their name in them.

 

 1941

 Arabian Nights, starring Jon Hall and Maria Montez, is Universal’s first

3-color Technicolor feature, and inaugurates a cycle of high-camp adventure films.

 

 1942

 On October 3, Jules Stein and MCA open the "Hollywood Canteen," a nightclub for servicemen, where the hosts are movie stars who are donating their time. The Hollywood Canteen Foundation had collected over $500,000 when the Canteen finally closed its doors on November 22, 1945.

 

 1942

 Sherlock Holmes and the Voice of Terror is the first of twelve Universal films made between 1942 and 1946, featuring Basil Rathbone as the famous sleuth and Nigel Bruce as his sidekick, Dr. Watson.

 

 1943

 MCA incorporates Revue Productions to produce live shows. In 1950 the dormant company is reborn as MCA’s television subsidiary. Its first show was Armour Theatre, a TV version of radio’s Stars Over Hollywood.

 

 1944

 Hal Mohr and W. Howard Greene win Academy Awards for "Best Color Cinematography" for The Phantom of the Opera.

 

 1945

 Universal’s "Youth Unit," which had been turning out a steady stream of swing music films during WWII starring Gloria Jean or Donald O’Connor, is disbanded.

 

 1945

 In April, MCA absorbs two of its biggest competitors, the Hayward-Deverich Agency in Beverly Hills and the Leland Hayward Agency in New York. New clients include Greta Garbo, Fred Astaire, Jimmy Stewart, Henry Fonda, and Gregory Peck.

 

 1946

 On July 30, United World Pictures, a distribution company founded in November 1945 by J. Arthur Rank, International Pictures and Universal for the sale of British and American product, is formerly dissolved. On October 1, Universal is merged with International Pictures, headed by Leo Spitz and William Goetz. This team heads up Universal-International, while Nate Blumberg and J. Cheever Cowdin remain at the helm of Universal Pictures, the parent company.

 

 1947

 British distributor J. Arthur Rank Films buys a majority interest in Universal, which begins releasing such British imports as Black Narcissus, Brief Encounter, Great Expectations, and Hamlet.

 

 1947

 Ronald Colman wins "Best Actor" Academy Award for A Double Life.

 

 1948

 Laurence Olivier’s Hamlet, produced by Two Cities Ltd., wins "Best Picture" Academy Award.

 

 1950

 MCA’s Lew Wasserman negotiates a percentage deal between Universal and Jimmy Stewart, 50% of net on Winchester ’73, and revolutionizes the business. The film is followed by Bend of the River (1952), both of which revitalize Universal’s western genre production.

 

 1951

 Josephine Hull wins "Best Supporting Actress" Academy Award for Harvey.

 

 1951

 Decca Records acquires a 38% share of Universal, and soon controls the company. Milton Rackmil, president of Decca, succeeds Blumberg in July, 1952, while Edward Muhl succeeds Leo Spitz and William Goetz as production head.

 

 1952

 On July 23, Screen Actors Guild President Ronald Reagan sends MCA a letter allowing it to produce television shows and simultaneously represent talent in those shows. In April 1953, the Writers Guild grants MCA a similar waiver, allowing them to represent screenwriters and produce their TV scripts through Revue.

 

 1953

 

 

 Revue premieres General Electric Theater on CBS. A year later Ronald Reagan joins the show as host, sometime star and later, producer, becoming a multi-millionaire by the time the show closes nine years later.

 

 1954

 With the melodrama Magnificent Obsession, directed by Douglas Sirk and starring Rock Hudson, producer Ross Hunter becomes the studios’ most reliable moneymaker.

 

 1954

 Creature From the Black Lagoon is Universal’s entry into the 3-D and science fiction film market and is followed by such classics as The Incredible Shrinking Man (1957).

 

 1955

 Alfred Hitchcock Presents wins an Emmy for "Best Editing of a Television Film".

 

 1957

 Dorothy Malone wins "Best Supporting Actress" Academy Award for Written On The Wind.

 

 1958

 In December, MCA purchases Paramount Studios’ pre-1950 sound film library for $50 million, the richest television syndication deal to date.

 

 1958

 On December 18, Universal sells its 367 acre studio backlot for $11.25 million to MCA, then leases back studio space at $1 million a year.

 

 1959

 Three of Universal’s biggest moneymakers are MCA packages: Operation Petticoat ($18.6 mil), Imitation of Life ($13 mil), and Pillow Talk ($15 mil).

 

 1961

 Spartacus wins four Academy Awards.

 

 1961

 MCA signs a deal with Grey Line Bus Tours for "Dine with the Stars," allowing buses to drive around the lot and have lunch in the Commissary.

 

 1962

MCA purchases Decca Records and with it, Universal Pictures, leaving Milton Rackmil and Edward Muhl in charge, while Dr. Jules Stein (Board Chairman) and Lew Wasserman (President) guide MCA. As a result of a consent decree with the Justice Department, MCA divests itself of its talent agency business.

 

 1963

 Gregory Peck receives an Academy Award for "Best Actor" in the film adaptation of Harper Lee’s To Kill a Mockingbird.

 

 1964

In July, the Universal Studios Tour is opened in conjunction with Glamour Trams. The initial tour is operated with two drivers, two guides, and one ticket seller. The price of admission is $6.50 for two adults and a child.

 

 1964

 MCA acquires Alfred Hitchcock’s Shamley Prods., including rights to Psycho and all of Hitchcock’s television work.

 

 1964

 Seventeen-year-old Steven Spielberg begins working as a volunteer gofer at Universal during his summer vacation. Five years and two student films later, he is assigned to direct the pilot film for Universal TV’s Night Gallery.

 

 1966

 The entrance to the Universal Studios Tour is moved from Lankershim to the upper lot. The tour is augmented with photo opportunities: snowflake set, canons from the Prop Dept., etc.

 

 1966

 MCA’s Ned Tannen starts UNI Records, which signs on Olivia Newton John and Elton John to record deals.

 

 1968

 MCA purchases Spencer Gifts, a retail and mail-order house.

 

 1967

 The Universal Tour Entertainment Center opens with a western stunt show.

 

 1970

 Marcus Welby, M.D. wins Emmy for "Outstanding Dramatic Series."

 

 1970

 Edgar Bronfman is Executive Producer (Sagittarius Productions) for Jane Eyre with George C. Scott, a made-for-TV movie.

 

 1971

 Emmy for The Bold Ones for "Outstanding Series Drama."

 

 1972

 Universal Amphitheatre opens. It closes in 1980 and reopens after major renovations in 1982, including a roof.

 

 1973

In January, Henry H. Martin succeeds Milton Rackmil as President. In June, Sidney Scheinberg assumes presidency of MCA, while Lew Wassermann moves up to Chairman of the Board.

 

 1973

 The Parting of the Red Sea opens on the Universal Studios Tour.

 

 1974

 The Sting wins a "Best Picture" Academy Award and six other Oscars.

 

 1974

 Edgar Bronfman produces Charlotte’s Web, distributed by Paramount.

 

 1974

 NBC Sunday Mystery Movie wins an Emmy for "Outstanding Limited Series."

 

 1975

Earthquake receives Academy Award for "Best Sound," "Best Special Effects," and a Scientific Academy Award for development of the Sensurround System.

 

 1976

 Jaws (1975) spawns Bruce, the shark in the Jaws experience on the Universal Studios Tour.

 

 1977

 The Museum of Modern Art organizes a film retrospective, "Universal Pictures: 65 Years."

 

 1978

 The Deer Hunter wins "Best Picture" and three other Academy Awards.

 

 1978

 The Rockford Files wins an Emmy for "Outstanding Drama Series."

 

 1979

 MCA purchases ABC Records, including the Dot, Dunhill, Duke, Impulse!, Paramount, and Peacock labels.

 

 1980

 MCA Home Entertainment Group founded.

 

 1981

 Sissy Spacek receives "Best Actress" Academy Award for Coal Miner’s Daughter.

 

 1982

 Both Henry Fonda and Katharine Hepburn win Oscars for their performances in On Golden Pond.

 

 1982

 Edgar Bronfman, Jr. is Executive Producer on The Border with Jack Nicholson.

 

 1983

 Meryl Streep wins Academy Award for "Best Actress" in Sophie’s Choice. E.T. The Extra-Terrestrial wins three Academy Awards.

 

 1984

 The Conan the Barbarian show opens on Universal Studios Tour.

 

 1985

 Out of Africa wins "Best Picture" Academy Award.

 

 1985

 The drive-through King Kong ride opens on Universal Studios Tour, initiating a new era in theme park design.

 

 1985

 MCA acquires Chess Records.

 

 1989

 Earthquake ride at Universal Studios Hollywood opens.

 

 1990

 In June, Universal Studios Florida is opened in Orlando, a joint venture of MCA and the Rank Organization.

 

 1990

 Geffen Records is acquired by MCA in March.

 

 1991

 On January 1, MCA, Inc. is acquired by the Japanese electronics giant, Matsushita Electric Industrial Co., Ltd. for $6.59 billion.

 

 1991

 On March 15, the Studio Center opens at Universal Studios Hollywood, including the attractions The World of Cinemagic, Starway, and a new Backlot Tram Tour.

 

 1992

 E.T. Adventure and the Backdraft Experience open in June at Universal Studios Hollywood.

 

 1993

 Steven Spielberg’s Schindler’s List wins "Best Picture" Academy Award.

 

 1993

 In May, Universal CityWalk, a pedestrian promenade, opened outside Universal Studios Hollywood

 

 1995

 Waterworld, A Live Sea War Spectacular opens at Universal Studios Hollywood.

 

 1995

 In June, Edgar Bronfman, Jr., CEO of the Joseph Seagram Company, Ltd., negotiates the purchase of an 80% interest in MCA, which is renamed Universal Studios, Inc. in 1996.

 

 1995

 On August 1, Ron Meyer is appointed president and COO, succeeding Sidney Scheinberg.

 

 1996

 Jurassic Park, The Ride opens at Universal Studios Hollywood.

 

 1996

 On April 23, Frank Biondi, Jr. is named Chairman and CEO, while Lew Wassermann retires after sixty years with the company.

 

 1997

 Universal Studios Hollywood opens the Totally Nickelodeon attraction.

 

 1997

 Law and Order wins Emmy for "Best Drama Series."

 

 1997

 Barry Diller purchases USA Networks from Universal.

 

 1998

 In May, Joseph E. Seagram and Sons, Inc. purchases PolyGram Holdings, transforming Universal into the largest music company in the world.

 

 1998

 In November, Frank Biondi, Jr. resigns.

 

 1999

 Islands of Adventure, the Portofino Resort, and Universal CityWalk open in Orlando, Florida.