As head of Twentieth Century Theatres, an Ontario branch of Famous Players Canadian Corporation, he built one of the world's first cineplex movie theatres in Ottawa, Ontario at the Elgin Theatre. The Elgin's second screen opened in December 1947 on a patch of land adjacent to the original 1935 theatre. At first, the same program played in both auditoriums, but several years later Taylor came up with the idea of selling tickets to different movies from the same box office, laying claim as the first to do so. He also created one of the first movie theatres in a shopping mall (the dual-screen at Yorkdale Plaza in Toronto, Ontario, opened in 1964) and one of the first in an office building (another dual-screen, opened in 1962 in Place Ville Marie in Montreal, Quebec). By the 1970s, Taylor had entirely sold all but a few of his theatres to Famous Players, yet he started a new theatre chain from scratch, with Garth Drabinsky co-founding Cineplex Odeon cinemas. The first location in 1979 at the Toronto Eaton Centre had 18 screens (soon increased to 21), a Guinness World Record at the time.
He started the Canadian Film Weekly in 1941, edited by Hye Bossin. The magazine quickly became the key film trade paper in Canada, supplemented in 1951 with a yearbook for the Canadian film industry, and taking over the competing Canadian Moving Picture Digest in 1956. Taylor also distributed films, and produced of one of Canada's first horror movies The Mask. He was given a special Genie Award in 1984 for Outstanding Contributions to the Canadian Film Industry. In 1982, he received an honorary degree from York University after donating a movie theatre in his name to the school.
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