Independent films face funding risks from tax shelter deals
Frederick M. Winship reports that the House Ways and Means Committee probes tax shelters for independently produced films which fund over half of U S motion pictures. Industry players like Larry Gordon cite benefits from rapid depreciation via Limited Partnerships, while warning that changes could devastate the independent sector and highlight the lack of formal subsidies in the United States compared with other Western nations.
MENTIONED IN THIS ARTICLE
Frederick M. Winship
NEW York
UPI
House
Ways and Means Committee
United
Larry Gordon
Investor Sales Corp. of
Gordon
United States
Canada
Hennessy Thriller Makes Belfast to London Flight of Veiled Threats
Film review notes Hennessy a taut thriller with Rod Steiger as a Belfast demolition expert seeking revenge after his wife and daughter are harmed. He impersonates an MP to get near the queen during Parliament opening. Scottish Yard, IRA ties, and a daring climax mix with documentary footage of the royal family.
MENTIONED IN THIS ARTICLE
New York
UPI
Hennessy
Rod Steiger
Edward Fox
de Gaulle
Steiger
Belfast
Irish Republican Army
London
House of Lords
Elizabeth
M.P
Scotland Yard
Britain
Don Sharp
Lee Remick
Richard Johnson
Trevor Howard
Eric Porter
Peter Egan
IRA
Ernest Steward
Pinewood Studios
TV Highlights United Press International 6 30 p m PBS Book Beat
PBS presents Book Beat Minamata with W Eugene Smith and Aileen Smith discussing their mercury poisoned fishing village photo documentary. At 8 30 pm ABC airs The Stranger Within starring Barbara Eden as an expectant mother and her demanding baby with George Grizzard and Nehemiah Persoff.
MENTIONED IN THIS ARTICLE
United Press International
PBS
Minamata
W. Eugene Smith
Aileen Smith
Barbara Eden
George Grizzard
Nehemiah Persoff
Playboy to Close Chicago Mansion and Jet in Cost Cut Plan
The Playboy empire will shutter the 74 room Chicago mansion on Sept. 1 to cut costs from 1.2 million to 600 thousand dollars yearly. CEO Victor Lownes cites reduced promotional value as Hefner scales back staying there and moves operations to Towers on Michigan Avenue.
MENTIONED IN THIS ARTICLE
Chicago
UPI
Hugh Hefner
Playboy Empire
Playboy
Empire
Victor Lownes
Playboy Leisure Activities
Hefner
Lownes
Insigna
Playboy Enterprises
Michigan Avenue
Windy City
West Coast
England
Corporation
Marlboro Fifth Weekend Features Mozart Mendelssohn Trio Concerts
Marlboro Music Festival presents its fifth weekend with Mozart Notturni and Mendelssohn Trio on Friday and weekend programs ending Sunday with Brahms Liebeslieder and Ravel Violin Cello Sonata. Notable performers include Claudia Visca Katherine Ciesinski Jesse Costen Barbara Blegen James Buswell Li]]ian Kallir Jaime Laredo Richard Stoltzman and others. Tickets $2.50 outdoors. indoor sets $8.50 and $4. remaining weekends run July 5 to Aug 10.
MENTIONED IN THIS ARTICLE
Marlboro
Wolfgang Amadeus Mozart
Mendelssohn
Brahms
Mozart
Richard Strauss
Ravel
Claudia Visca
Katherine Ciesinski
Jesse Costen
Frank Cohen
Eli Eban
Michelle Zukofsky
Barbara Blegen
James Buswell
Caroline Levine
Doris Lederer
Marcy Rosen
Julius Levine
Lilian Kallir
Jaime Laredo
Meir Rimon
Ian Hobson
Philip Setzer
Nathaniel Rosen
Paul Schoenfield
Ani Kavafian
Madeline Foley
Chang-Kook Kim
Toshiko Kohno
Randall Wolfgang
Michael Rosenberg
Richard Stoltzman
Christopher Millard
Lo] Schoenbach
Marc Marder
E. Scott Brubaker
Meir Kimon
Robert Routch
Shirley Weekley
Miss Visca
Bluegrass Festival At Bromley Coincides With Backgammon Tourney
PERU Big Bromley hosts a day long bluegrass and folk festival alongside one of five sanctioned national backgammon tournaments at the base lodge. From noon to dusk, local and national acts perform as judges pick prize winners. Ticket prices 2.50, free for under 12. backgammon entry 10 25 or 50. chairlift and food available.
MENTIONED IN THIS ARTICLE
Peru
Big Bromley
Base Lodge
Margaret MacArthur
Don Stover
Sweet Potato Pie
Spacegrass
Living Proof
Ed Sargeant
The
Country Generals
Manchester
Mimi Hutton
Bennington
David Mallett
Middlebury
Nancy Talbot
Bromley Mountain
Also Mentioned on This Page
Walt Disney
Felix Salten
Buena Vista Distribution Co, Inc
Walt Disney Productions Inc
Disney
Hennessey
Nickelodeon
Spring St
Williamstown, Mass
Red Desert
Thur
Michelangelo Antonioni
L’avventura
la Notte
Passenger
Monica Vitti
New York Times
Eal Aadashim Dain
Kicda
Tet Deccan
Monument Plaza
Kit-Kat Club
Calles
Berlin
Weston Playhouse
Kit Kat Klub
Audrey Bullar
Karen Meister
Barbara Sarafian
Dorothy Stanley
Mount
Holly
Cindy Bunce
Renee Moe
Bondville
Bill Verely
Playhouse
P.m
Mozart, Mendelssohn
Boston
Stover
Tom Keefe
Nick Duke
Dorset
Harvey
Mary Chase
the Playhouse
Colburn House
anCe
Harper
Soanne Woopward
Foray Franciofa
Tonue
Zia Tin Co
Alan Lanasburg Productions
SUN Classic Pictures
MT Ie
la Hits
Robert Shaw
Richard Dreyfuss
Anaty
Arran
Buford Pusser
Ec Tall
SUN
Bennington Pe
Eee
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