Joseph P. Kennedy Sr. Overview:

Producer, Joseph P. Kennedy Sr., was born Joseph Patrick Kennedy on Sep 6, 1888 in Boston, MA. Kennedy Sr. died at the age of 81 on Nov 18, 1969 in Hyannis Port, MA .

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Joseph P. Kennedy Sr. Facts
RKO Pictures, under Kennedy's management, made an $8-million offer (approximately $85 million in 2005 dollars) to Alexander Pantages for his chain of theaters in order to boost RKO's exhibition operations. The Pantages Theater chain consisted of 63 premier, financially robust theaters that were the dominant movie exhibitor and vaudeville circuit in North America west of the Mississippi River. Having partnered with the movie distributor Famous Players (a subsidiary of Paramount Pictures) in 1920, Pantages had converted his theaters into "combo" houses that showed films as well as staged live vaudeville. However, Pantages' expansion effectively was blocked by the dominance of Kennedy's Keith-Albee-Orpheum Circuit in the East, which was now part of RKO (Radio-Keith-Orpheum). After Pantages declined the $8-million offer, Kennedy stopped distributing RKO films to Pantages. Despite the pressure, Pantages declined to knuckle under and sell out. A year later, in 1929, he was charged and tried for the rape of one of his 17-year-old ushers, Eunice Pringle. He was convicted and sentenced to 50 years in prison, but the conviction was overturned on appeal. The trial battered his reputation and strained him emotionally, and he finally relented, accepting Kennedy's revised offer of $3.5 million for his chain. R

President Franklin D. Roosevelt, believing that Kennedy knew all of the goings on of the stock market, made him head of the Securities and Exchange Commission.

Sons: Joseph Kennedy Jr. (b. 1915), John F. Kennedy (b. 1917), Robert F. Kennedy (b. 1925) and Edward (b. 1932) (Senator Ted Kennedy).

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