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(Hardcover)
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This is the extraordinary story, told for the first time, of Joseph P. Kennedy’s remarkable reign in Hollywood, in which he ran three movie studios simultaneously, led the revolution in sound pictures—and made the fortune that became the foundation of his empire.
Kennedy saw filmmaking as “a gold mine” when movies were an idea one week, in front of the camera the next, and in theaters within the month.
It was 1919; Kennedy was thirty-one years old.
Between 1926 and 1930, Kennedy used his talents to position himself as a Hollywood leader. He ran Film Booking Offices (FBO), was brought in to run Pathé and the Keith-Albee-Orpheum theaters, and became the chairman of their boards. Within months, he was asked to head First National film company. By 1928, Kennedy—merciless, electrifying, a visionary—was running three studios at once.
In Joseph P. Kennedy Presents, Cari Beauchamp writes about the genius behind Kennedy’s profiteering and his importance in changing the way Hollywood conducted business. As one of the first nonfamily members to be given access to Kennedy’s personal papers, Beauchamp, through years of meticulous research and countless interviews with those close to Kennedy, has dug through the maze of deals and the files of memos and notes, only recently made available, to tell in full how he made it all happen: how he charmed, cajoled, and bullied; how he juggles various backers—and managed to line his pockets with millions.
Beauchamp writes about the movies Kennedy produced and the stars he made, about the studios he razed and those he reorganized, about the jobs that werelost and the careers that were ruined (among them, that of silent film cowboy star Fred Thomson—one of America’s top box-office draws).
Beauchamp tells for the first time the full story of Kennedy’s affair with the feisty Gloria Swanson, the “reigning Queen of Hollywood”—an extravagant escapade that became legend and that triggered one of Hollywood’s biggest financial fiascos. It began with Kennedy taking over Swanson’s personal and professional life (“Together we could make millions,” he promised), and ended with his first failure (personal and public) and her career on the brink of ruin, a million dollars in debt.
Beauchamp writes as well about the Hollywood titans surrounding Kennedy: William Randolph Hearst (Kennedy was a welcome guest at “the ranch”) . . . Cecil B. De Mille . . . David Sarnoff, who, with Kennedy, masterminded the unprecedented deal that resulted in the founding of RKO, and that made Kennedy millions.
A fascinating tale of business genius and personal greed that brings to light not only the way Joseph P. Kennedy made his fortune, but how he forever changed the business of movie-making.
From the Hardcover edition.
Cari Beauchamp's smart…new book, suggests that nothing in Kennedy's long career of banking, stock manipulation and New Dealing prepared him for presidential politics the way his time in the picture business did.
More Reviews and RecommendationsCari Beauchamp is the author of Without Lying Down: Frances Marion and the Powerful Women of Early Hollywood and other film histories. She has written for The New York Times, Vanity Fair, and Variety and lives in Los Angeles, California.
From the Hardcover edition.
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June 18, 2009: It has been allowed to pass for years that the Kennedy fortune was amassed primarily in stock market manipulation and through bootlegging and mob connections. This book sheds light on the success the Kennedy patriarch realized in Hollywood and the ruthless steps he found necessary to accomplish this. JP Kennedy's Hollywood ventures were the most ethical of his business career, such as it was, and it is where most of his fortune was made. JFK Jr once said that many of his cousins were "poster boys for bad behavior." Hearing of their grandfather's "exploits" while being able to enjoy the wealth he created probably made them feel entitled. Fortunately most of the family seems to have identified more with his work in the establishing of the SEC and the Maritime Commission. Kennedy was without a doubt one of the most effective, if not the most effective New Dealer. This is a good book for researchers of the Kennedy family to read.
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April 07, 2009: Highly readable and fast-paced, more like well-written fiction. History has never been so much fun! Baby boomers are well-familiar with the exploits of JFK and Bobby, but it wasn't until this work that one can appreciate the Kennedy patriarch. I wish I had a time machine so I could see this life unfold in real time.