× The Vanderbilt Television News Archive is currently closed to in-person research, but is still fulfilling loan requests. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Hollywood Financial Scandals #52595

ABC Evening News for Monday, Feb 13, 1978
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) Report on Hollywood financial scandals being investigated by IRS, Justice Department and Los Angeles district attorney, in wake of resignation of Columbia Pictures president amid corruption charges.
REPORTER: Barbara Walters

(Hollywood, California) Scenes from movie "The Man Who Would Be King" shown. Details of so-called creative studio accounting and other shady financial dealings in movie industry given. Exs. cited are lawsuits involving actors Sean Connery and Michael Caine with Allied Artists, for "The Man Who Would Be King", and actor Tom Laughlin with Warner Bros., for movie "Billy Jack." Outlawed practice of block booking explained. Evidence gathered by reporter's own attempts to get information and interviews with people involved, with regard to possible blackballing of those who speak out about corruptive practices, outlined. Laughlin's statements quoted. Photos shown. Laughlin's unreleased film, "Billy Jack Goes to Washington", co-starring E.G. Marshall, mentioned. Sources comments on studio execs.' salaries and disguised income detailed. Reports of IRS (Internal Revenue Service) probe of Columbia Studios, formerly headed by David Begelman noted. Conflicting opinions within ind. with regard to seriousness of situation cited.
REPORTER: Geraldo Rivera

Reporter(s):
Rivera, Geraldo;
Walters, Barbara
Duration:
00:07:30

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.