Producers Releasing Corporation was the smallest and least prestigious of the Hollywood film studios of the 1940s. It was considered a prime example of what was called "Poverty Row": a low-rent stretch of Gower Street in Hollywood where shoestring film producers based their operations. However, PRC was more substantial than the usual independent company that made only a few low-budget movies and then disappeared. PRC was an actual Hollywood studio – albeit the smallest – with its own production facilities and distribution network, and it even accepted imports from the UK. PRC lasted from 1939 to 1947, churning out low-budget B movies for the lower half of a double bill or the upper half of a neighborhood theater showing second-run films. The studio was originally located at 1440 N. Gower St. (on the lot that eventually became part of Columbia Pictures) from 1936 to 1943. PRC then occupied the former Grand National Pictures physical plant at 7324 Santa Monica Blvd., from 1943 to 1946. This address is now an apartment complex. PRC produced 179 feature films and almost never spent more than $100,000 on any of them; most of its films actually cost considerably less. Only the 1944 musical Minstrel Man had enhanced production values; it showed such excellent progress during filming that its planned $80,000 budget was nearly tripled. History The company evolved from the earlier Producers Distributing Corporation (PDC), begun in 1939 by exhibitor Ben Judell (né Benjamin Nathaniel Judell; 1890–1974), who had hired producer Sigmund Neufeld and his brother, director Sam Newfield, to make the studio's films. After the collapse of PDC, Judell became an independent producer and the company was reorganized as Producers Releasing Corporation (PRC) under former Pathé executive O. Henry Briggs. Briggs was succeeded in January 1941 by George R. Batcheller Jr., son of former Chesterfield Pictures president George R. Batcheller. The studio relied on Sam Newfield to direct most of its early features; Newfield actually adopted two other names ("Peter Stewart" and "Sherman Scott") to create the illusion that PRC had an entire staff of directors. Most of PRC's movies made were within the genres of other studios of the 1940s, but at a much lower budget, and each generally took a week or less to shoot. They included westerns, action melodramas, and horror movies. PRC president Batcheller followed the Chesterfield business model that had served his father successfully during the Depression years.