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Metro-Goldwyn-Mayer's Beginnings Essay example

Assignment id 1005184
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Assignment type Essay
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Metro-Goldwyn-Mayer from the 1920's The roaring twenties would be nothing without the roar of the MGM Lion. "If Hollywood had no other studio compared to Metro-Goldwyn-Mayer, the town still would have become the movie capital of the world" (Fricke para 1). MGM enchanted audiences with its high-budgeted movies and glamorous collection of stars (Hanson para 1). Three failing movie firms came together in 1924 in hopes to make it big from the motion picture industry, and it did (Fricke para 3). Metro-Goldwyn-Mayer created spectacles of movies after its merging which made MGM among the most prosperous motion picture companies in the 1920's (Hanson para 2). MGM's title has been derived from the three subsumed companies: Goldwyn Pictures, Metro Pictures, and Louis B. Mayer Productions (Hanson para 2). MGM was shaped under the finance of Marcus Loew (Collins para 1). Marcus Loew merged Metro Pictures and Goldwyn Pictures on April 17, 1924. After he bought the two firms he went after Louis B. Mayer Productions; he purchased the company for about $75,000 (Hay 15). Louis B. Mayer was selected to be the vice president-general director of Metro-Goldwyn-Mayer (Collins para 1). The new studio lived in Culver City, California on Goldwyn Pictures' old bunch (Collins para 3). The merger has been the crowning accomplishment of Marcus Loew, a self-made business tycoon (Hay 10). Marcus Loew, born Max Loew, was born in New York into Australian-Jewish Immigrants. Loew grew up in poverty and had dropped out of college at the age of 9 to help support his family (Edwards para 1). He was a very ambitious kid. He was uneducated but he worked his way upward from meaningless jobs to high paid business man through real estate investments (Edwards para 2). He began at a meager job at a coat busi...

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