Late History
From 1946-1949 Eagle-Lion was under the control of Arthur Krim who in addition to releasing films by Rank and reissues of David O. Selznick films produced his own B-movies as support. Bryan Foy the former head of the B-picture unit at Warner Bros. was placed in charge of production. Some of the producers working at Eagle-Lion included Aubrey Schenck, Jack Schwarz and briefly, Walter Wanger. Directors included Anthony Mann.
The initial arrangement was that Rank and Eagle-Lion would each produce five films a year. Costs were also initially kept to less than $500,000 per film By 1947-48 the studio had accomplished 14 productions.
Assistant director Reggie Callow felt that the studio would have survived longer had they kept producing low budget films rather than attempting to compete with the major studios by making higher budgeted films.
Eagle-Lion merged with Film Classics in 1950 to become Eagle-Lion Classics.
In 1951 Krim was offered the leadership of United Artists to improve their fortunes.
Eagle-Lion had acquired the film studio of Producers Releasing Corporation (PRC) which had acquired the building from Grand National Pictures which ceased operations in 1939. In 1954 Frederick Ziv bought the studio for his Ziv Television Programs.
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