Metro-Goldwyn-Mayer (initialized as MGM) 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.
MGM was founded in 1924 when the entertainment entrepreneur Marcus Loew gained control of Metro Pictures, Goldwyn Pictures, and Louis B. Mayer Pictures.
In 1971, it was announced that MGM was to merge with 20th Century Fox, but the plan never came to fruition. Over the next 39 years, the studio was bought and sold at various points in its history until, on November 3, 2010, MGM filed for Chapter 11 bankruptcy. 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.
MGM Resorts International, a Las Vegas-based hotel and casino company listed on the New York Stock Exchange under the symbol "MGM", 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.
Overview[]
MGM was the last studio to convert to sound pictures, but in spite of this fact, from the end of the silent film era through the late 1950s, Metro-Goldwyn-Mayer was the most dominant motion picture studio in Hollywood. Always slow to respond to the changing legal, economic, and demographic nature of the motion picture industry during the 1950s and 60s, and although at times its films did well at the box office, the studio lost significant amounts of money throughout the 1960s. In 1966, MGM was sold to Canadian investor Edgar Bronfman Sr., whose son Edgar Jr. would later buy Universal Studios. Three years later, an increasingly unprofitable MGM was bought by Kirk Kerkorian, who slashed staff and production costs, forced the studio to produce low-quality, low-budget fare, and then ceased theatrical distribution in 1973. The studio continued to produce five to six films a year that were distributed through other studios, usually United Artists. Kerkorian did, however, commit to increased production and an expanded film library when he bought United Artists in 1981.
MGM ramped up internal production, as well as keeping production going at UA, which included the lucrative James Bond franchise. It also incurred significant amounts of debt to increase production. The studio took on additional debt as a series of owners took charge in the 1980s and early 1990s. In 1986, Ted Turner bought MGM, but a few months later, sold the company back to Kerkorian to recoup massive debt, while keeping the library assets for himself. The series of deals left MGM even more heavily in debt. MGM was bought by Pathé Communications (led by Italian publishing magnate Giancarlo Parretti) in 1990, but Parretti lost control of Pathé and defaulted on the loans used to purchase the studio. The French banking conglomerate Crédit Lyonnais, the studio's major creditor, then took control of MGM. Even more deeply in debt, MGM was purchased by a joint venture between Kerkorian, producer Frank Mancuso, and Australia's Seven Network in 1996.
The debt load from these and subsequent business deals negatively affected MGM's ability to survive as a separate motion picture studio. After a bidding war which included Time Warner (now WarnerMedia, the current parent of Turner Broadcasting) and General Electric, MGM was acquired on September 23, 2004, by a partnership consisting of Sony Corporation of America, Comcast, Texas Pacific Group (now TPG Capital, L.P.), Providence Equity Partners, and other investors.
Distribution Deals[]
Film Distributors[]
- Cinema International Corporation (1973-1981) (International)
- United International Pictures (1981-2001) (International)
- 20th Century Fox (2001-2010) (International)
- Momentum Pictures (2003-2004) (UK)
- Sony Pictures Releasing (2005-2018) (Worldwide)
- Verve Pictures (2005-2008) (UK)
- Warner Bros Pictures (2012-2019) (Worldwide) & (2022-2023) (International)
- Paramount Pictures (2013-2021) (Worldwide)
- United Artists Releasing (2018-present) (USA)
- Vertigo Releasing (2018-present) (UK)
- Universal Pictures (2019-2021) (International)
Home Media Distributors[]
- Warner Bros Home Entertainment (1990-present) (Worldwide) & (2023-present) (Worldwide)
- 20th Century Fox Home Entertainment (1999-2018) (Worldwide)
- Sony Pictures Home Entertainment (2005-2019) (Worldwide)
- Paramount Home Media Distribution (2013-present) (Worldwide)
- Universal Pictures Home Entertainment (2019-2023) (Worldwide)
Production Companies[]
- Lucasfilm (1988-present) on Willow
- Carolco Pictures (1994-1995) (USA)
- Dimension Films (2005-2008) (USA)
- The Weinstein Company (2006-2008) (USA)
- BRON Studios (2019-present) (Worldwide)
Films[]
Production Company[]
- Three Thousand Years of Longing (TBA) - TBA
- Tomb Raider 2 (TBA) - TBA
- Creed III (2023) - TBA - 3/11/2023
- Legally Blonde 3 (2022) - TBA - 20/05/2022
- Cyrano (2021) - 12A - 25/02/2022
- Licorice Pizza (2021) - 15 - 01/01/2022
- House of Gucci (2021) - 15 - 26/11/2021
- The Addams Family 2 (2021) - PG - 08/10/2021
- No Time to Die (2021) - 12A - 30/09/2021
- Respect (2021) - PG-13/R - 10/09/2021
- Candyman (2021) - 15 - 27/08/2021
- The Gibbs Anderson & Sutton Family Movie (2021) - R - 23/07/2021
- Wrath of Man (2021) - R - 23/07/2021
- Samaritan (2021) - TBA - 04/06/2021
- Valley Girl (2020) - PG-13 - 08/05/2020
- The Addams Family (2019) - PG - 25/10/2019
- The Sun Is Also a Star (2019) - 12A - 09/08/2019
- Child's Play (2019) - 15 - 21/06/2019
- The Hustle (2019) - 12A - 10/05/2019
- Fighting with My Family (2019) - 12A - 27/02/2019
- A Star is Born (2018) - 15 - 03/10/2018
- Overboard (2018) - 12A - 22/06/2018
- Sherlock Gnomes (2018) - U - 11/05/2018
- Tomb Raider (2018) - 12A - 14/03/2018
- Everything, Everything (2017) - 12A - 18/08/2017
- The Magnificent Seven (2016) - 12A - 23/09/2016
- Ben-Hur (2016) - 12A - 07/09/2016
- Barbershop: A Fresh Cut (2016) - 12A - 17/06/2016
- Creed (2015) - 12A - 15/01/2016
- Spectre (2015) - 12A - 26/10/2015
- Hot Pursuit (2015) - 12A - 31/07/2015
- Hercules (2014) - 12A - 25/07/2014
- 22 Jump Street (2014) - 15 - 06/06/2014
- RoboCop (2014) - 12A - 07/02/2014
- The Hobbit: The Desolation of Smaug (2013) - 12A - 13/12/2013
- G.I. Joe: Retaliation (2013) - 12A - 27/03/2013
- Hansel and Gretel: Witch Hunters (2013) - 15 - 27/02/2013
- Red Dawn (2012) - 12A - 15/03/2013
- Skyfall (2012) - 12A - 26/10/2012
- Hope Springs (2012) - 12A - 14/09/2012
- Fame (2009) - 12 - 25/09/2009
- The Taking of Pelham 123 (2009) - 15 - 31/07/2009
- Legally Blondes (2009) - PG - 11/05/2009
- Quantum of Solace (2008) - 12A - 31/10/2008
- Rocky Balboa (2006) - 12A - 19/01/2007
- Home of the Brave (2006) - 15 - 15/12/2006
- Casino Royale (2006) - 12 - 16/11/2006
- Yours, Mine & Ours (2005) - PG - 31/03/2006
- Beauty Shop (2005) - 12A - 22/04/2005
- Be Cool (2005) - 12A - 01/04/2005
- Wicker Park (2004) - 12A - 10/09/2004
- Barbershop 2: Back in Business (2004) - 12A - 16/04/2004
- Agent Cody Banks 2 (2004) - PG - 26/03/2004
- Agent Cody Banks (2003) - 12A - 25/07/2003
- Bulletproof Monk (2003) - 12A - 18/04/2003
- Barbershop (2002) - 12A - 14/03/2003
- Die Another Day (2002) - 12A - 20/11/2002
- Hannibal (2001) - 18 - 16/02/2001
- The World is Not Enough (1999) - 12 - 26/11/1999
- Once Upon a Crime (1992) - PG - 06/03/1992
- Willow (1988) - PG - 20/05/1988
- Overboard (1987) - PG - 10/06/1988
- Fame (1980) - 15 - 23/07/1980
- Shaft in Africa (1973) - X - 29/08/1973
- Shaft's Big Score! (1972) - X - 13/10/1972
- Shaft (1971) - X - 14/01/1972
Film Distributor[]
- RoboCop Returns (TBA) - Worldwide - TBA
- Licorice Pizza (2021) - USA - R - 26/11/2021
- Fighting with My Family (2019) - USA - PG-13 - 14/02/2019
- Creed II (2018) - USA - PG-13 - 21/11/2018
- Fame (2009) - UK - 12 - 25/09/2009
- Halloween (2007) - USA - R - 31/08/2007
- Arthur and the Invisibles (2006) - USA - PG - 29/12/2006
- Black Christmas (2006) - USA - R - 25/12/2006
- Rocky Balboa (2006) - USA - PG-13 - 20/12/2006
- Breaking and Entering (2006) - USA - R - 15/12/2006
- Home of the Brave (2006) - USA - R - 15/12/2006
- School for Scoundrels (2006) - USA - PG-13 - 29/09/2006
- Clerks II (2006) - USA - R - 21/07/2006
- Horrible Histories (2005) - Worldwide - PG - 19/08/2005
- Beauty Shop (2005) - USA - PG-13 - 30/03/2005
- Wicker Park (2004) - USA - PG-13 - 03/09/2004
- Barbershop 2: Back in Business (2004) - USA - PG-13 - 06/02/2004
- Dark Blue (2002) - USA - R - 21/02/2003
- Evelyn (2002) - USA - PG - 13/12/2002
- Bowling for Columbine (2002) - USA - R - 11/10/2002
- Barbershop (2002) - USA - PG-13 - 13/09/2002
- Hart's War (2002) - USA - R - 15/02/2002
- Rollerball (2002) - USA - PG-13 - 08/02/2002
- Kingpin (1996) - USA - PG-13 - 26/07/1996
- Get Shorty (1995) - Worldwide - 15 - 15/03/1996
- Stargate (1994) - USA - PG-13 - 28/10/1994
- Once Upon a Crime (1992) - USA - PG - 06/03/1992
- RoboCop (1987) - Mexico - C - 15/01/1988
- Fame (1980) - UK - 15 - 23/07/1980
- Logan's Run (1976) - Worldwide - A - 30/09/1976
- Shaft in Africa (1973) - USA / Japan - R - 14/06/1973
- Shaft's Big Score! (1972) - USA - R - 08/06/1972
- Shaft (1971) - USA / Sweden / Mexico / Portugal - R - 25/06/1971
- 2001: A Space Odyssey (1968) - Worldwide - U - 10/05/1968
- Doctor Zhivago (1965) - Worldwide - A - 26/04/1966
- King of Kings (1961) - Worldwide - U - 15/11/1961
- Ben-Hur (1959) - Worldwide - A - 16/12/1959
- Dunkirk (1958) - Worldwide - U - 20/03/1958