0530 GMT ACADEMY THEATER

>Academy Award was a CBS radio anthology series which presented 30-minute adaptations of plays, novels or films. The program's title is listed in one source as Academy Award Theater.

Rather than adaptations of Oscar-winning films, as the title implied, the series offered "Hollywood's finest, the great picture plays, the great actors and actresses, techniques and skills, chosen from the honor roll of those who have won or been nominated for the famous golden Oscar of the Academy of Motion Picture Arts and Sciences."

The series began March 30, 1946, with Bette Davis, Anne Revere and Fay Bainter in Jezebel. On that first show, Jean Hersholt spoke as president of the Academy of Motion Picture Arts and Sciences, welcoming the E.R. Squibb & Sons pharmaceutical company {"The House Of Squibb"} as the program's sponsor. It was an expensive show to produce, since the stars cost $4000 a week, and another $1,600 went each week to the Academy of Motion Picture Arts and Sciences for the use of their name in the show's title. This eventually became a factor in Squibb's decision to cancel the series after only 39 weeks. The program initially aired on Saturdays at 7 pm (ET) through June, then moved to Wednesdays at 10 pm. The series ended December 18, 1946, with Margaret O'Brien and one of the series' frequent supporting players, Jeff Chandler (appearing under his real name, Ira Grossel) in Lost Angel.