Cinema of the United States century, when the medium was new, many Jewish immigrants found employment in the US film industry. They were able to make their mark in a brand-new business: the exhibition of short films in storefront theaters called nickelodeons, after their admission price of a nickel (five cents). Within a few years, ambitious men like Samuel Goldwyn, William Fox, Carl Laemmle, Adolph Zukor, Louis B. Mayer, and the Warner Brothers (Harry, Albert, Samuel, and Jack) had switched to the production side of the business. Soon they were the heads of a new kind of enterprise: the movie studio. (The US had at
Albert Warner Semenenko, Jack officially joined Semenenko's syndicate and bought back all his stock, which consisted of 200,000 shares. The deal officially completed in July. Now the company's largest stockholder, Jack appointed himself as the new company president. By the time Harry and Albert learned of their brother's subterfuge, it was too late. Albert read about Jack's dealings while spending time in New York City. He never spoke to Jack again, but he did later rejoin the company's board of directors to stop Jack "from stealing the stockholders blind". Albert Warner died of a stroke in 1967 in Miami Beach. A funeral