The Washington times., 1929-09-23
HEARST AND FOX
| JOIN IN film
DEAL

ton IN NeWsreeL history was con-
summated today when William Ran.
dolph Hearst acquired by purchase
q substantial interest in the Fox
Movietone Corporation. which issues
Fox Movietone News. A new COM
pany has been organized, to be
known as the Fox-Hearst Corpora
ton, the object Of which will be the
gathering OF sound newsreel mate
rial throughout the world, which
will be supplied to Hearst Metrotone
News. which makes its first appear
arce on Saturday, September 2S. and
to the Fox Movietone News.
MIR. Hearst's Statement
In connection with the transaction.
Ir. Hearst said:
''Mr. Fox has exhibited the most
impressive enterprise In the con-
duct of his neWsreeI. He has COM
bined the highest spirit OF Journal
ism with the best and most eifec.
tive practice in the moving picture
art and science.
ut is a pleasure and distinc-
ton for me to be associated with
( s u1I0 III Tic CEc&4AVA. anu uASSCAAAAn'
tiOn of newsreels.
'GThe facilities which my news.
papers and news services and news
organizations control will be
united with the immense moving
picture facilities Of Mr.. Fox to pro-
duce neAsreels which will amply
cover the news events OF the whole
world and which we hope will be
- LII sks.S, savaG
educational value to the public.
''Mr. Fox and ] have always had
the same ideals i'm public service.
namely, that the effort to satisfy
the discriminating demands of the
public required adherence to the
highest standards of ethics and ex-
Cellence and enterprise.
sMr. FOx's organization and
mine, therefore, will work in COM
plete harmony and will, hope, ac.
COmplish results which will secure
public approval"
MIR. Fox Gratified
Commenting on the deal, William
Eox said:
"Association with Mr.. Hearst is
extremely gratifying to me, because
of his great position in the news
world and because of the high value
he places on the Newsreel. I al
ways have believed the Newsreei
was one of the greatest influences
In the world and since the develop
&Aent of Movietone which has en-
Agoled us to present world figures
aend world events with all the ex-
@tement and drama of being pre-.
cent in person, I have placed a
higher value on it.
81 believe, and I am sure Mr..
Hearst believes, it is destined to
become the greatest civilizing
medium, for to see and hear means
to understand, and a common un-
derstanding is the worlds greatest
need. We win bring the people of
the world into close association with
each other. They. will see and hear
the leaders of each country and will
understand clearly from them the
thoughts and motives of each coun.
tPy. Great events will happen be-
fore their eyes and whether in
ds rkest Africa or civilized LondCn
aIl may know what is going on in
every part of the world.
A Pioneering Task
Inc COISSlAHS anu cutting OIL
such news material is a gigantic
Undertaking and will tax the re.
Rources and ingenuity of even such
newsreel organizations as those oper.
atel by Mr.. Hearst and myself.
AAd now, with the coming of
grg ndeur, the Fox-Hearst Newsreels
WI pioheer in the greater news
pictures
E. B. Hatrick, executive head Of
all the motion picture activities of
William Randolph Hearst and the
Sounder of present day newsreels,
will represent Mr.. Hearst in the new
corporation. Mr.. Hatrick conducted
the negotiations for the transaction
on behalf of Mr.. Hearst, while
Fox Movietone News. represented
William Fox.
Two Weekly Releases
Commencing with the issue OF Sep
Aember %. there viii be two weekly
releases of Hearst Metrotone News
and two releases of Fox Movietone
News.
Hearst Metrotone News and Fox
Iovietone News will retain abso-
Sutely their separate identities. each
with it's own editorial staff and
each following its own editorial pol
icy. Hearst Metrotone News, as
planned fully year ago, will be
distributed by Metro -Goldwyn-M Mayer.
while the Fox Film Corporation will
continue to distribute the Fox
Movietone News. M. y. Clofine. for
many years editor of Hearst news
reels, will be editor of Hearst Metro
tone News, while Edward Percy
Howard will continue as editor of
Fox Movietone News.
Unites Great Organizations
The primary object of this gigan,
Aic transaction, it is pointed out by
officials of both organizations, will
be to bring together the two great
est news picture gathering organiZa-
fions in the world. Since 1912, when
Mr.. Hatrick issued the first news
yeeI. the Hearst organization has oc-
cupied a premier position L. the 81
lent newsreel field. When the an
nouncement was made 10 months
ago that the Hearst organization
would enter the sound newsreel
this fall, actual work began on the
Hearst Metrotone News and a splen-
did organization was welded to-
gether. Today a score of sound re-
cording trucks of Hearst Metrotone
News are operating throughout he
country and hundreds of thousands
of feet of sound newsreel material
has been made for library purposes.
MovietOne Pioneer
More than two years ago, the Fox
Movietone Corporation began the is
suance Of Fox Movietone news. First
in the sound newsreel field, Fox
Movietone News today occupies a
: lc...li..r. .,nri4ir.. hn.. ..an..a +ln..