Metro-Goldwyn-Mayer

Metro-Goldwyn-Mayer Studios Inc.
TypeSubsidiary
IndustryFilm
Predecessors
FoundedApril 17, 1924 (1924-04-17)
Founders
Headquarters,
Key people
  • Chris Brearton
  • (COO)
  • Michael De Luca
  • (chairman, Motion Picture Group)
  • Pamela Abdy (president, Motion Picture Group)
Products
  • Motion pictures
  • Television programs
ParentMGM Holdings, Inc.
Divisions
Subsidiaries
WebsiteOfficial website Edit this at Wikidata

Metro-Goldwyn-Mayer Studios Inc. (also known as Metro-Goldwyn-Mayer Pictures, initialized as MGM; often referred to as Metro; common metonym: the Lion or Leo)[1] is an American media company, involved primarily in the production and distribution of feature films and television programs. One of the world's oldest film studios, MGM's corporate headquarters are located at 245 North Beverly Drive in Beverly Hills, California.[2]

MGM was formed in 1924 when the entertainment entrepreneur Marcus Loew gained control of Metro Pictures, Goldwyn Pictures, and Louis B. Mayer Pictures.[3][page needed][4]

In 1971, it was announced that MGM was to merge with 20th Century Fox, but the plan never came to fruition.[5] Over the next 39 years, the studio was bought and sold on multiple occasions until, on November 3, 2010, MGM filed for Chapter 11 bankruptcy.[6][7] MGM emerged from bankruptcy on December 20, 2010, at which time the executives of Spyglass Entertainment, Gary Barber and Roger Birnbaum, became co-chairmen and co-CEOs of the holding company of Metro-Goldwyn-Mayer.[8]

MGM Resorts International, a Las Vegas-based hotel and casino company listed on the New York Stock Exchange under the symbol "MGM",[9] was created in 1973 as a division of Metro-Goldwyn-Mayer. The company was spun out in 1979, with the studio's then-owner Kirk Kerkorian maintaining a large share, but it ended all affiliation with Metro-Goldwyn-Mayer in 1986.

  1. ^ "Slanguage Dictionary: L". Variety. February 20, 2013. Retrieved September 14, 2018.
  2. ^ "Corporate - Contact Us". Metro-Goldwyn-Mayer.
  3. ^ Eyman, Scott (2005). Lion of Hollywood: The Life and Legend of Louis B. Mayer. New York: Simon & Schuster. ISBN 0743204816.
  4. ^ Balio, Tino (1985). The American film industry (Revised ed.). Madison, Wisconsin: University of Wisconsin Press. ISBN 0299098745.
  5. ^ Cite error: The named reference lat was invoked but never defined (see the help page).
  6. ^ "Business News, Stock market & Financial Advice". Businessweek. Archived from the original on April 24, 2011. Retrieved August 6, 2014.
  7. ^ "MGM Officially File For Bankruptcy". The Hollywood News. November 3, 2010. Retrieved August 6, 2014.
  8. ^ "MGM 2010 Restructing" (PDF). online.wsj.com. Retrieved January 5, 2012.
  9. ^ "NYSE". NYSE. Retrieved August 10, 2014.