Marshall Naify
Encyclopedia
Marshall Naify was a motion picture
and media tycoon who was a long-term chairman of the board of United Artists
and later became founder and co-chairman of the board of Todd-AO
, the largest independent post-production sound studio in the country which worked on Apollo 13
and other major films.
Son of a Lebanese
immigrant, who was originly a Jordanian from the al-Naber family, Naify built a movie theater empire beginning in 1912. Marshall Naify worked in the theater business nearly all his life. Marshall Naify and his brother Robert Naify
were members of The Forbes 400
beginning in 1987 with an estimated combined net worth of $4.3 billion. They merged the family's theater chain with United Artists Theater Circuit
and eventually became the majority shareholders. They sold that company in 1986 to John Malone's Telecommunications Inc. (TCI) for cash and stock. The Naify brothers were also pioneers in the cable television
industry, entering the business in the 1950s.
Marshall Naify also invested in Canadian
gold stocks.
An art
lover, Naify became an art sponsor, contributor and collector.
In 1999, Marshall Naify married Lily Cates, widow of director/producer Joseph Cates and mother of Phoebe Cates
. http://www.nytimes.com/2005/06/03/nyregion/03vilar.html
horses. In 1991 he acquired a 265 acres (1.1 km²) farm near Lexington, Kentucky
. Formerly known as Pillar Stud, he renamed it 505 Farms and raced under that name. Among the best-know of his horses was Manistique
and Bertrando
, the latter owned in partnership with Edward Nahem. Bertrando was a multiple Grade I
winner and the 1993 American Champion Older Male Horse. http://www.thoroughbredtimes.com/national-news/2000/April/21/Prominent-owner-Marshall-Naify-dead.aspx
Following his death, his daughter, Marsha, sold the property and the horses through a Barretts Equine Ltd. dispersal sale. http://www.barretts.com/sresults/rs150500.htm The farm was eventually acquired by its current operator, trainer
, Kenneth McPeek
but Marsha Naify remains involved in racing as an owner.
Film
A film, also called a movie or motion picture, is a series of still or moving images. It is produced by recording photographic images with cameras, or by creating images using animation techniques or visual effects...
and media tycoon who was a long-term chairman of the board of United Artists
United Artists
United Artists Corporation is an American film studio. The original studio of that name was founded in 1919 by D. W. Griffith, Charles Chaplin, Mary Pickford and Douglas Fairbanks....
and later became founder and co-chairman of the board of Todd-AO
Todd-AO
Todd-AO is a post-production company founded in 1953, providing sound-related services to the motion picture and television industries. The company operates three facilities in the Los Angeles area.-History:...
, the largest independent post-production sound studio in the country which worked on Apollo 13
Apollo 13 (film)
Apollo 13 is a 1995 American drama film directed by Ron Howard. The film stars Tom Hanks, Kevin Bacon, Bill Paxton, Gary Sinise, Kathleen Quinlan and Ed Harris. The screenplay by William Broyles, Jr...
and other major films.
Son of a Lebanese
Lebanon
Lebanon , officially the Republic of LebanonRepublic of Lebanon is the most common term used by Lebanese government agencies. The term Lebanese Republic, a literal translation of the official Arabic and French names that is not used in today's world. Arabic is the most common language spoken among...
immigrant, who was originly a Jordanian from the al-Naber family, Naify built a movie theater empire beginning in 1912. Marshall Naify worked in the theater business nearly all his life. Marshall Naify and his brother Robert Naify
Robert Naify
Robert Naify, son of a Lebanese immigrant who built movie theater empire beginning in 1912, has worked in the theater business nearly all his life...
were members of The Forbes 400
Forbes 400
The Forbes 400 or 400 Richest Americans is a list published by Forbes Magazine magazine of the wealthiest 400 Americans, ranked by net worth. The list is published annually in September, and 2010 marks the 29th issue. The 400 was started by Malcom Forbes in 1982 and treats those in the list like...
beginning in 1987 with an estimated combined net worth of $4.3 billion. They merged the family's theater chain with United Artists Theater Circuit
United Artists
United Artists Corporation is an American film studio. The original studio of that name was founded in 1919 by D. W. Griffith, Charles Chaplin, Mary Pickford and Douglas Fairbanks....
and eventually became the majority shareholders. They sold that company in 1986 to John Malone's Telecommunications Inc. (TCI) for cash and stock. The Naify brothers were also pioneers in the cable television
Cable television
Cable television is a system of providing television programs to consumers via radio frequency signals transmitted to televisions through coaxial cables or digital light pulses through fixed optical fibers located on the subscriber's property, much like the over-the-air method used in traditional...
industry, entering the business in the 1950s.
Marshall Naify also invested in Canadian
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
gold stocks.
An art
Art
Art is the product or process of deliberately arranging items in a way that influences and affects one or more of the senses, emotions, and intellect....
lover, Naify became an art sponsor, contributor and collector.
In 1999, Marshall Naify married Lily Cates, widow of director/producer Joseph Cates and mother of Phoebe Cates
Phoebe Cates
Phoebe Cates is an American film actress, model, and entrepreneur known for her roles in several teen films, most notably Fast Times at Ridgemont High and Gremlins.-Early life:...
. http://www.nytimes.com/2005/06/03/nyregion/03vilar.html
Thoroughbred horse racing
Marshall Naify owned and raced ThoroughbredThoroughbred
The Thoroughbred is a horse breed best known for its use in horse racing. Although the word thoroughbred is sometimes used to refer to any breed of purebred horse, it technically refers only to the Thoroughbred breed...
horses. In 1991 he acquired a 265 acres (1.1 km²) farm near Lexington, Kentucky
Lexington, Kentucky
Lexington is the second-largest city in Kentucky and the 63rd largest in the US. Known as the "Thoroughbred City" and the "Horse Capital of the World", it is located in the heart of Kentucky's Bluegrass region...
. Formerly known as Pillar Stud, he renamed it 505 Farms and raced under that name. Among the best-know of his horses was Manistique
Manistique (horse)
Manistique is an American Thoroughbred racehorse. Bred and raced by Marshall Naify's 505 Farms, she was an exceptionally large filly who stood close to seventeen hands. Manistique had eleven career wins, all of which came at racetracks in California...
and Bertrando
Bertrando
Bertrando is an American Thoroughbred Champion racehorse. A tall colt, who would grow to 16 hands 2 inches, Bertrando was bred by Ed Nahem, at River Edge Farm in Buellton, California...
, the latter owned in partnership with Edward Nahem. Bertrando was a multiple Grade I
Graded stakes race
A graded stakes race is a term applied since 1973 by the American Graded Stakes Committee of the Thoroughbred Owners and Breeders Association to thoroughbred horse races in the United States and Canada to describe races that derive their name from the stake, or entry fee, owners must pay...
winner and the 1993 American Champion Older Male Horse. http://www.thoroughbredtimes.com/national-news/2000/April/21/Prominent-owner-Marshall-Naify-dead.aspx
Following his death, his daughter, Marsha, sold the property and the horses through a Barretts Equine Ltd. dispersal sale. http://www.barretts.com/sresults/rs150500.htm The farm was eventually acquired by its current operator, trainer
Horse trainer
In horse racing, a trainer prepares a horse for races, with responsibility for exercising it, getting it race-ready and determining which races it should enter...
, Kenneth McPeek
Kenneth McPeek
Kenneth G. McPeek is an American Thoroughbred racehorse trainer.Kenneth G. McPeek was born August 2, 1962 in Fort Chaffee, Arkansas and raised in Lexington, Kentucky. He graduated from Tates Creek High School and then the University of Kentucky with a Bachelor of Arts in Business Administration...
but Marsha Naify remains involved in racing as an owner.