THE PHILADELPHIA STORY was Katharine
Hepburn's big comeback film after she had been labeled "boxoffice
poison" in the late 1930's went to Broadway for a spell. There she
discovered playwright Phillip Barry's play written especially for her,
and after a smash in New York as Tracy Lord, she bought the film rights
to the show and headed back to Hollywood where she sold them to Louis B.
Mayer for a reported $250,000. Then Hepburn
picked her own director (George
Cukor) and co-stars (Grant
and Stewart), taking no salary
for her work but an amazing 45% of the profits.
Needless to say, the film was a huge success, breaking all records
during it's run at Radio City Music Hall in New York. It also collected
six Oscar nominations including Hepburn
as Best Actress, Cukor as
Best Director, Ruth Hussey as Supporting Actress, and a nomination for
Best Picture. The film's two statuettes went to Best Actor Jimmy
Stewart and Donald Ogden Stewart for Best Screenplay.