Show economy hits screen world hollywood calif fifteen ot of the principal motion picture producing companies followed the lead ot of para mount famous players lasky in agreeing to an immediate reduction of salaries ot of all persons in their organizations from the executive heads down do w n to 50 a week employees and including their high salaried featured actors and actresses the agreement was made at a conference of officers of the producers following which a statement was issued announcing the retrenchment trench ment which embraces salary reduction of 10 to 25 per cent tor for executives departmental heads and producers all contract players such as stars directors actors Nv writers and other artists are being asked to consent to the 10 per cent salary reduction |