Metro-Goldwyn-Mayer in the 1920’s
The roaring twenties would be nothing without the roar of the MGM Lion. “If Hollywood had no other studio than Metro-Goldwyn-Mayer, the town still would have been the movie capital of the world” (Fricke para 1). MGM enchanted audiences with its high-budgeted films and glamorous list of stars (Hanson para 1). Three failing movie companies came together in 1924 in hopes to make it big in the motion picture industry, and it did (Fricke para 3). Metro-Goldwyn-Mayer created spectacles of movies after its merging which made MGM one of the most prosperous motion picture companies in the 1920’s (Hanson para 2).
MGM’s name was derived from the three subsumed companies: Goldwyn Pictures, Metro Pictures, and Louis B. Mayer Productions (Hanson para 2). MGM was formed 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 companies he went after Louis B. Mayer Productions; he bought the company for $75,000 (Hay 15). Louis B. Mayer was chosen to be the vice president-general manager of Metro-Goldwyn-Mayer (Collins para 1). The new studio resided in Culver City, California on Goldwyn Pictures’ old lot (Collins para 3).
The merger was the crowning achievement of Marcus Loew, a self-made business tycoon (Hay 10). Marcus Loew, born Max Loew, was born in New York to Australian-Jewish Immigrants. Loew grew up in poverty and had dropped out of school at the age of 9 to help support his family (Edwards para 1). He was a very ambitious child. He was uneducated but he worked his way up from meaningless jobs to high paid business man through real estate investments (Edwards para 2). He started at a meager job at a fur busi...
... middle of paper ...
...ndergast and Tom Pedergast. Vol. 3. Detroit.St. James Press, 2000. 347-349. Student Resources in Context. Web. 27 Feb. 2014. .
Hay, Peter. MGM: When the Lion Roars. Atlanta, GA: Turner Publishing, 1991. Print.
Higham, Charles. Merchant of Dreams: Louis B. Mayer, MGM and the Secret Hollywood. New York, NY: Donald I. fine, inc., 1993. Print.
“Louis B. Mayer.” Britannica School. Encycopedia Britannica, Inc., 2014. Web. 28 Jan 2014. .
“Samuel Goldwyn.” Britannica School. Encyclopedia Britannica, Inc., 2014. Web. 28 Jan 2014. .
Soniak, Matt. “The Life and Times of the MGM Lion.” Mental Floss, 21 Oct. 2012. Web. 24 Feb. 2014. .