Whew! I had quite a stroll to get to this string... across the room actually. But it seemed longer...

At any rate, here's what I know about this business with PRC:

The 'old' PRC studios were, "... near the Goldwyn lot in Hollywood" according to historian and writer Tino Balio. The PRC 'lot (a charitable term, indeed) was little more than a moribund staging area for cheap Westerns when railroad magnate and self made millionaire Robert Young bought PRC in 1943. He immediately sunk $1 million into upgrading the studio facilities. The PRC lot, proper, was adjacent or part of the former Pickford-Fairbanks i.e. Goldwyn lot on Santa Monica Avenue and Formosa. Exactly where the line of demarkation was, if even there was one, is not clear.

By 1946, PRC included a film processing lab, the refurbished studio, a production company and a national distribution system. The 'New PRC'- was a logo actually shown on the titles of releases of 1947 releases such as 'Killer at Large'.

When Young merged with J. Arthur Rank to form the newly named Eagle-Lion Studios, in 1947 he originally envisioned PRC to be the "Chevrolet" with Eagle-Lion putting out at least ten "Cadillac" features per year. Young sunk $12 million of his own money into the venture and used the upgraded lot, new department heads and also contracted aging stars and some newcomers. Young and his new company took a bath because they were locked out of the theatres in venues like New York and nobody cared about having people like Louis Hayward and George Brent under contract. Eagle-Lion went into independent production with executive Arthur Krim lining up deals with Edward Small and Walter Wanger. PRC ended up being absorbed in this maneuver- an unlamented demise.