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Nicholas Schenck
Nicholas M. Schenck (November 14, 1880, Rybinsk, Russia – March 4, 1969, Florida, U.S.) was a Russian-American film studio executive and businessman.
One of seven children, Schenck was born to a Jewish household in Rybinsk, a town on the Volga River in the Yaroslavl Governorate of Tsarist Russia. With his parents, he and his brothers, George and Joseph, emigrated to the United States in 1892 where they settled in a tenement on New York's Lower East Side. Subsequently, he relocated to Harlem, the population of which at that time consisted primarily of Jewish and Italian immigrants.
Upon his arrival in the United States, he and his older brother Joseph worked as a team running errands and selling newspapers while studying at the New York College of Pharmacy at night.
They subsequently began working in a drugstore in the Bowery. Within two years they had saved up enough money to buy out the drugstore's owner and opened another store on Third Avenue at 110th Street and began casting about for other business ventures.
One summer day, the Schencks took a trolley ride to Fort George Amusement Park, in uptown Manhattan, and noticed that thousands of people were milling around idly waiting for the return trains. The brothers rented a beer concession and also provided some vaudeville entertainment. It was at this time that the Schencks made the acquaintance of Marcus Loew, a theater operator. Loew persuaded them to buy two film theaters and the brothers started to work with Loew in the theater business. Between approximately 1907 and 1919, they reinvested in real estate for nickelodeons, vaudeville, and eventually motion pictures.
In 1910, the Schencks' theaters were grouped into Loew's Consolidated Enterprises. Loew, having noted the brothers' success, advanced them capital, permitting them to purchase Palisades Amusement Park in Bergen County, New Jersey, directly across the river from Manhattan, in 1910. It remained in operation until 1971, although the brothers sold their interest in 1934.[citation needed]
Schenck eventually became Loew's right-hand man, helping him manage what rapidly grew into a vast theater chain. In 1919, Schenck was named as vice president and general manager of Loew's Inc.
Joseph relocated to Hollywood, eventually becoming president of United Artists Corporation. He helped shepherd Loew's acquisition of Metro Pictures in 1920 and Goldwyn Pictures in 1924 to keep the theaters supplied with product.
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Nicholas Schenck
Nicholas M. Schenck (November 14, 1880, Rybinsk, Russia – March 4, 1969, Florida, U.S.) was a Russian-American film studio executive and businessman.
One of seven children, Schenck was born to a Jewish household in Rybinsk, a town on the Volga River in the Yaroslavl Governorate of Tsarist Russia. With his parents, he and his brothers, George and Joseph, emigrated to the United States in 1892 where they settled in a tenement on New York's Lower East Side. Subsequently, he relocated to Harlem, the population of which at that time consisted primarily of Jewish and Italian immigrants.
Upon his arrival in the United States, he and his older brother Joseph worked as a team running errands and selling newspapers while studying at the New York College of Pharmacy at night.
They subsequently began working in a drugstore in the Bowery. Within two years they had saved up enough money to buy out the drugstore's owner and opened another store on Third Avenue at 110th Street and began casting about for other business ventures.
One summer day, the Schencks took a trolley ride to Fort George Amusement Park, in uptown Manhattan, and noticed that thousands of people were milling around idly waiting for the return trains. The brothers rented a beer concession and also provided some vaudeville entertainment. It was at this time that the Schencks made the acquaintance of Marcus Loew, a theater operator. Loew persuaded them to buy two film theaters and the brothers started to work with Loew in the theater business. Between approximately 1907 and 1919, they reinvested in real estate for nickelodeons, vaudeville, and eventually motion pictures.
In 1910, the Schencks' theaters were grouped into Loew's Consolidated Enterprises. Loew, having noted the brothers' success, advanced them capital, permitting them to purchase Palisades Amusement Park in Bergen County, New Jersey, directly across the river from Manhattan, in 1910. It remained in operation until 1971, although the brothers sold their interest in 1934.[citation needed]
Schenck eventually became Loew's right-hand man, helping him manage what rapidly grew into a vast theater chain. In 1919, Schenck was named as vice president and general manager of Loew's Inc.
Joseph relocated to Hollywood, eventually becoming president of United Artists Corporation. He helped shepherd Loew's acquisition of Metro Pictures in 1920 and Goldwyn Pictures in 1924 to keep the theaters supplied with product.