On August 4th, 1942, the iconic classic musical film, "Holiday Inn", Premiered in New York! The film famously paired Bing Crosby and Fred Astaire for the first time, and is credited for introducing the world to the best-selling physical single of all time: "White Christmas". The film was produced by Paramount Pictures for nearly $1.1 million, which was considered a high-budget production at the time. "Holiday Inn" was a massive commercial success, earning approximately $3.75 million in domestic rentals during its initial run, and becoming the 8th-highest-grossing film of 1942. The film won the Academy Award for Best Original Song for "White Christmas", and received two additional nominations for Best Original Story and Best Score.