- After the publication of Olympio Guilherme's book about the USSR and the USA, he became known as "the most courageous and objective commentator in Brazil," an unofficial title given to him by all who read about the struggle between these two ideologies competing for world domination.
- He has a daughter called Bonina Moran, who lives in the UK.
- His grandson is a filmmaker called Raphael Moran, who has his own video production company.
- The success of "USSR and USA" led to an invitation to appear on Radio Globo as a political commentator, analysing international events and explaining the economic and social problems of the world. At that time no-one was doing this on Brazilian radio, and there was a real need for someone to explain world events to the general public in easy and accessible language.
- Olympio Guilherme won the Fox Films contest in 1927.
- Olympio Guilherme's reputation as an analyst and observer of social and political events began when he published his four-volume "American Studies", a book seen to be essential for the understanding of the development of North American culture and history.
- Only some fifteen years later would Italian neo-realist directors Luchino Visconti, Roberto Rossellini and Vittorio De Sica develop a coherent approach to filmmaking incorporating ideas apparently put into practice avant la lettre by Guilherme. The practice of mixing actors with "oblivious" extras, however, dates back to the very origins of film comedy. Charles Chaplin himself routinely resorted to this technique himself in his early shorts- often with hilarious results.
- He wrote poignantly in his 1932 novel "Hollywood" about the humiliating work conditions and exploitation endured by many Latin American actors, filmmakers and writers at the dawn of the sound era-the first Hollywood novel ever published by a Brazilian writer.
- Olympio Guilherme's brief film career came upon him suddenly and apparently by sheer chance. While covering a Fox talent search in Brazil for the daily newspaper A Gazeta in 1927, Guilherme decided at the last minute to enter the contest himself; to his surprise, he won. Together with his compatriot Lia Torá, the female winner, the young reporter began work in Hollywood as a movie extra. Guilherme's and Tora's development was closely and anxiously followed by the Brazilian press, including Guilherme himself, who regularly sent off missives to the nation's leading film journal Cinearte, with which he would maintain crucial ties for several years.
- As an actor, Guilherme won an important talent competition hosted by Fox Studios in 1927, becoming one of the first Brazilians groomed for international cinematic stardom. As a film journalist in the 1920s and 1930s, he wrote a number of key essays and chronicles condemning the increasing hegemony of the U.S. film industry, advocating instead a Brazilian national cinema based on French and Soviet models. Guilherme, moreover, put such theories into practice, producing, co-directing and starring in a feature-length film (Hunger, 1929) set in Hollywood and featuring an international ensemble in an idiosyncratic, groundbreaking mixture of live action and documentary footage.
- Olympio Guilherme studied Economics and Philosophy at the University of Southern California in Los Angeles.
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