Hollywoodland Feb 10 2012
DEAN OF FINANCE
It was a simple matter of dollars and sense.

Last time we featured Inside Story, we took a detailed look at the contents, concluded that there was good reason it was a strictly blah tabloid, and decided not to buy it again. But that doesn’t mean we can’t cull them from online, so today we have this February 1957 cover that promises to expose “the amazing James Dean hoax.” Make sure you’re sitting down when you read this. The globe-spanning conspiracy Inside Story uncovered is simply that Dean’s posthumous spike in popularity wasn’t entirely due to sincere outpourings of appreciation by fans, but also because of a deliberate, behind-the-scenes publicity campaign by Warner Bros., who had produced his last movie Giant. Warners had decided that, after dropping $5 million on production, they needed a major publicity angle to have any hope of recouping their investment in a movie whose star had been dead a year and a month. The money quote: “Unfortunately, Dean, living again only for the profits of the movie-makers, will never see a dime of that increased gross…” Well, no, because death will tend to put a crimp in one’s personal finances. At least Inside Story published a nice photo, from East of Eden, below. We have two more issues, with lots of scans, and you can see those here and here. 

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History Rewind
The headlines that mattered yesteryear.
May 07
1945—World War II Ends
At Reims, France, German General Alfred Jodl signs unconditional surrender terms, thus ending Germany's participation in World War II. Jodl is then arrested and transferred to the German POW camp Flensburg, and later he is made to stand before the International Military Tribunal at the Nuremberg Trials. At the conclusion of the trial, Jodl is sentenced to death and hanged as a war criminal.
1954—French Are Defeated at Dien Bien Phu
In Vietnam, the Battle of Dien Bien Phu, which had begun two months earlier, ends in a French defeat. The United States, as per the Mutual Defense Assistance Act, gave material aid to the French, but were only minimally involved in the actual battle. By 1961, however, American troops would begin arriving in droves, and within several years the U.S. would be fully embroiled in war.
May 06
1937—The Hindenburg Explodes
In the U.S, at Lakehurst, New Jersey, the German zeppelin LZ 129 Hindenburg catches fire and is incinerated within a minute while attempting to dock in windy conditions after a trans-Atlantic crossing. The disaster, which kills thirty-six people, becomes the subject of spectacular newsreel coverage, photographs, and most famously, Herbert Morrison's recorded radio eyewitness report from the landing field. But for all the witnesses and speculation, the actual cause of the fire remains unknown.
May 05
1921—Chanel No. 5 Debuts
Gabrielle Bonheur "Coco" Chanel, the pioneering French fashion designer whose modernist philosophy, menswear-inspired styles, and pursuit of expensive simplicity made her an important figure in 20th-century fashion, introduces the perfume Chanel No. 5, which to this day remains one of the world's most legendary and best selling fragrances.
1961—First American Reaches Space
Three weeks after Russian cosmonaut Yuri Gagarin became the first human to fly into space, U.S. astronaut Alan Shepard completes a sub-orbit of fifteen minutes, returns to Earth, and is rescued from his Mercury 3 capsule in the Atlantic Ocean. Shepard made several more trips into space, even commanding a mission at age 47, and was eventually awarded the Congressional Space Medal of Honor.
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