| NEWS 06.24.09 8:50 AM |
PRINT | SEND TO A FRIEND |
|
| 20th Century Props to Close This Summer—Barring Cash From Investors, Buyers |
|
Harvey Schwartz, owner of the nearly four-decade-old 20th Century Props in North Hollywood, may close his 118,000-square-foot warehouse within the next couple weeks, barring a hail Mary-style bid from would-be buyers or investors. If the cash infusion does not come in, he will shutter the company—which houses close to 100,000 items of all sizes, including a World War II submarine, Art Deco and other antiques, and the contents of the 20th Century Fox studio prop department, which he bought in 1994—within the next couple of weeks and put the items up for sale over multiple days in July.
The reasons for the uncertain fate of 20th Century Props are economic. "It's half recession, because of the business environment, but the other half is the pseudo-non-strike from SAG," said Schwartz, referring to the threat of a Screen Actors Guide strike that loomed for nearly a year until members finally approved a contract on June 9. He said his business also took a hit from the writers' strike last year, but he was able to recoup those losses. The New York Times has more on the closing (including a slide show of props) here.
—Alesandra Dubin
MORE NEWS STORIES
In a Crowded Festival Market, A.F.I. Moves to Offer Free Tickets
Poll Results: 2010 Event Budgets Look Bigger
Australian Nonprofit Uses Facial Hair for Guerrilla Cause Marketing
In the News: Waterford Recommits to New Year's Bash, Magazine Events Thrive and Falter
Ricky Gervais to Host the Golden Globes, the Telecast's First Since 1995
MORE STORIES ABOUT
N.H.L. Moves Award Show to Palms in Effort to Ramp Up Celebrity Factor
| More Suppliers/Venues to Consider |
ADVERTISEMENT |
|
|
|
Terranea Resort
Designed to reveal the Palos Verdes, California, resort's dramatic outdoor panoramas, Terranea's meeting facilities encompass 135,000 square feet of conference and event space. The 60,000 square feet of indoor meeting and event space features an 18,000-square-foot grand ballroom, the 6,600-square-foot Marineland Ballroom, the Catalina Room, and 15 breakout rooms. More >>
EMAIL THIS RESOURCE |
|
Modern Chair Rental
Founded in 2007, Modern Chair Rental has quickly become one of the most recognizable, reliable, and popular rental companies in the event industry. They have doubled in size in 2009 and have and have added an array of brand new items 7/14/2009. More >>
EMAIL THIS RESOURCE |
|
GLOW Design Group
Glow Design Group is a team of designers, artisans, and technicians who provide a wide range of services to the special event industry. From lighting, video, and scenic design to technical direction and production management, Glow’s multimedia approach allows them to design across traditional boundaries, integrating lighting video and scenic elements to create striking visual environments. More >>
EMAIL THIS RESOURCE |
| |
|
|
|
|
|
|
