MGM - Metro Goldwyn Mayer

Who owns it?

Providence Equity Partners(29%)
TPG Capital, L.P(21%)
Sony(20%)
Comcast(20%)
DLJ Merchant Banking Partners(7%)
Quadrangle Group(3%)

History

MGM and its legendary roaring lion logo was founded in April 1924 by theater magnate Marcus Loew, who made the merger of Metro Pictures Corp,Goldwyn Pictures and Louis B. Mayer Productions. With visionary Louis B. Mayer and production genius Irving Thalberg at the helm, Metro-Goldwyn-Mayer was a powerhouse of prolific artistry and filmmaking expertise that the studio famously said attracted “more stars than there are in the heavens.”

1924-1954, the Culver City-based studio dominated the movie business, creating a Best Picture nominee every year for three straight decades. Another memorable year was at the Academy Awards 1939 when MGM’s "Gone With the Wind" and MGM’s "The Wizard Of Oz" were both nominated for Best Picture. "Gone With the Wind" took home Best Picture that year, along with 8 other Oscars. "The Wizard of Oz" secured two Oscars. Hattie McDaniel Won for Best Actress in a Supporting Role, and became the first African American to be nominated for and win an Oscar.

MGM Studios relocated to the newly-built MGM Tower in Century City in June 2003. The building’s architecture and interior design was chosen to reflect the studio's grand history, to honor its founders and proudly display its most prized possessions.

MGM's impressive library is comprised of titles from the United Artists, Orion Pictures, Goldwyn Entertainment and PolyGram Filmed Entertainment libraries. The library also features 156 Golden Globe Awards and 147 British Academy Awards. With approximately 4,100 films and over 10,400 hours of television programming, the MGM library includes the Rocky and Pink Panther franchises and the celebrated James Bond franchise, the longest running and most profitable series in film history.

November 2006, Tom Cruise and Paula Wagner, one of the most successful film production teams ever, partnered with MGM to rebirth United Artists, returning the studio to its roots by recognizing what made UA great in the first place - studio management by creative talent who can best encourage and support other creative talent.

Texts

Currently MGM has a total of 205 Academy Awards. Among those are 15 Best Pictures.
These films include:
Rebecca - 1940
Best Years of Our Lives - 1946
Hamlet - 1948
Marty - 1955
The Apartment - 1960
West Side Story - 1961
Tom Jones - 1963
In the Heat of the Night - 1967
Midnight Cowboy - 1969
Rocky - 1976
Annie Hall - 1977
Platoon - 1986
Rain Man - 1988
Dances with Wolves - 1990
The Silence of the Lambs - 1991

Finaces & Income

Recent Development