Around the World Orson Welles

in summer of 1946, welles moved new york direct broadway musical around world, stage adaptation of jules verne novel around world in eighty days book welles , music cole porter. producer mike todd, later produce successful 1956 film adaptation, pulled out lavish , expensive production, leaving welles support finances. when welles ran out of money convinced columbia pictures president harry cohn send enough money continue show, , in exchange welles promised write, produce, direct , star in film cohn no further fee. stage show failed due poor box-office, welles unable claim losses on taxes.