Here’s the latest from The Magnificent 60s
Vanity dies hard. It’s not the first time a top-ranked actor was convinced he could show Hollywood how it should be done. A raft of stars in the 1950s and 1960s – from John Wayne and Burt Lancaster to Gregory Peck and Frank Sinatra – had lost their shirts setting up production companies. The notion of the creative hyphenate only made sense as a tax dodge, being able to spread earnings from a big hit over decades rather than paying all your dues in one year. But you could do that anyway, by means of the initial contract, as William Holden had done with Bridge on the River Kwai (1957)…