Film academy to fete USC school

Officials from the Academy of Motion Picture Arts and Sciences announced Wednesday that they are throwing the USC School of Cinema-Television a big party this fall for its 75th anniversary. The school was established at the suggestion of the academy in 1929.

The USC School of Cinema-Television also announced the formal launch of a $75-million endowment initiative, the largest of its kind ever undertaken by a university film school. The school has already received $30 million from, among others, Hugh Hefner, the Alma and Alfred Hitchcock Foundation, George Lucas, the Steven Nenno estate, the Jack and Victoria Oakie estate, the Frank Sinatra Foundation, Steven Spielberg, Ray Stark, Time Warner Inc. and Robert Zemeckis.