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Metro-Goldwyn-Mayer Studios Inc. (also known as Metro-Goldwyn-Mayer Pictures, commonly shortened to MGM) is an American film and television production and distribution company headquartered in Beverly Hills, California. [1] Metro-Goldwyn-Mayer was founded on April 17, 1924, and has been owned by the Amazon MGM Studios subsidiary of Amazon since ...
Marcus Loew, owner of the Loew's chain, merged Metro Pictures, Samuel Goldwyn's Goldwyn Pictures Corporation, and Mayer Pictures into Metro-Goldwyn. Loew had bought Metro and Goldwyn some months before, but could not find anyone to oversee his new holdings on the West Coast. Mayer, with his proven success as a producer, was an obvious choice.
MGM HD was an all high-definition television cable network owned by the MGM HD Productions subsidiary of Metro-Goldwyn-Mayer (MGM), a division of Amazon's MGM Holdings, Inc. It launched in December 2006 and featured movies from the Metro-Goldwyn-Mayer library of 1,200 movies mastered in a high-definition-compatible format.[2]
The company's background can be traced to 1969, when airline and casino tycoon Kirk Kerkorian bought a controlling stake in the Metro-Goldwyn-Mayer (MGM) film studio. [15] In 1970 and 1971, Kerkorian struggled with debt from his acquisitions of MGM and Western Airlines, and was forced to sell a majority of his casino company, International Leisure, to Hilton Hotels at a steep discount.
In November 1995, Metromedia announced that it would acquire Motion Picture Corporation of America (MPCA) for $32 million, followed by The Samuel Goldwyn Company for $115 million in February 1996. [53] [54] On April 11, 1997, Metromedia sold Orion/Goldwyn and MPCA to Metro-Goldwyn-Mayer (MGM) for $573 million and was closed on July 10 of the ...
In December 2010, Barber became Chief Executive Officer of Metro-Goldwyn-Mayer (MGM). [1] Under his leadership, MGM together with Eon Productions and Sony Pictures financed the successful James Bond film Skyfall, which grossed US$1,1 billion.
Mayer's company folded into Metro Goldwyn with two notable additions: Mayer Pictures' contracts with key directors such as Fred Niblo and John M. Stahl, and up-and-coming actress Norma Shearer, later married to Thalberg. Mayer would eventually be rewarded by having his name added to the company.
The copyrights to Casino Royale, Quantum of Solace, Skyfall and Spectre, are shared between Danjaq, LLC, Metro-Goldwyn-Mayer Studios Inc., and Columbia Pictures. Danjaq, LLC also credited as one of its present copyright owners of the 1967 film Casino Royale, the other being original production unit Famous Artists Productions. [10]