The History of MGM
Although MGM was originally found in 1915 as Triangle Pictures located in Culver City which was 7 miles south west of Hollywood. Thomas Ince, D.W. Griffith and Mack Sennett then owned the Studio. Samuel Goldwyn then acquired the studio in 1918 and the name was changed to Goldwyn Studios. It is then when it got its Leo the Lion logo. It merged with Metro Pictures and Mayer Pictures in 1924 and the studio went onto become the greatest studio in the history of Hollywood by the name Metro Goldwyn Mayer (MGM) on April 16, 1924. The inauguration took place with a grand ceremony attended by Former President both President Calvin Coolidge and famous performer Will Rogers. This is how the legendary MGM Studios was born.
MGM became the powerhouse of cinema pretty soon and was renowned for its lavish sets, stylish films and unmatched array of Film stars in their productions. It was a dream for many new actors to work for MGM. Within a year of its formation MGM took over Universal Studios as the biggest producer of movies in the year 1925 and retained this distinction for next quarter of the century. The studio also inherited the classic silent movie Ben-Hur that was under production when the studio was formed. The movie was the most expensive silent movie ever made with the cost of production of over $5 million. The movie was also a blockbuster hit.
The Studio was city in itself having its own police, fire, telegraph and post departments. It had everything that a city has so that a complete movie can be shot inside the studio without ever going to different places. With the advent of talkies in the late twenties the Studio attracted best of the talent of that era with big names like Clark Gable, Jean Harlow, Robert Montgomery, Myrna Loy, Jeanette MacDonald, Nelson Eddy, Frank Sinatra, Fred Astaire, Jimmy Stewart, Elizabeth Taylor etc. the list goes on.
During the peak years MGM churned as many as fifty films a year and it has as many as five thousand employees. The studio once bragged that there are more stars in MGM than sky. The studio acquired one more building for administration in 1938, which was named after Irving Thalberg who was the head of production. Then Louis B. Mayer took over the reins until 1951 when he lost power to Dore Schary. The golden age of the studio was from its inception to the Second World War during which it gave memorable movies like 'The Wizard of Oz', 'Gone with the wind', 'The Tarzan Adventures', 'The Thinman Series' and many Marx Brothers comedies. 'Gone with the wind' is still the highest earning movie till date if you adjust for inflation. MGM movies created many more records with Ben-Hur made in 1959 bagging 11 Oscars which was a record until recently when it was equaled by 'Titanic' and 'The Lord of the Rings: The Return of the King'.
The golden era of MGM ended after the Second World War when it became expensive to produce large number of movies and the when viewers attention was diverting towards the television. The 1950's and 1960's saw one of the worst periods in the history of the studio with company making loses for the first ever time. To offset these loses and to get into the television market slowly they sold the rights of their movie 'The Wizard of Oz' to CBS which made a lot of money back then. But even as the company tried to come out of the financial turmoil it sank further deep each year. The studio was ultimately sold to Edgar Bronfman, Sr., a Canadian Investor. When he too was not able to manage the studio he sold it to Nevada millionaire Kirk Kerkorian who was more interested in it as a real estate property than a studio. He sold the vast collection of Studio's props, furnishings and memorabilia; the lot was used for a huge real estate project.
The company almost stopped producing movies in 1970's and 1980's. The company acquired United Artists in 1981 and in 1986 Ted Turner bought it. It again changed many owners in 1990's. In 2004 there was a cat race to buy MGM with Turner, Sony and many other big companies bidding to acquire it. But the highest bidder proved to be Sony with the support of other firms like Comcast and venture capital bankers Texas Pacific Group and Providence Equity Partners.
MGM ventured into theatrical distribution in 2006 releasing over fourteen films in the year. The studio also restructured itself and is once again back in business and keeping with the modern day demands by announcing in 2007 that all MGM movies can be downloaded through Apple's iTunes. With the company molding itself to the needs of the digital world we only hope that the company regains its lost reputation once again.
Although MGM was originally found in 1915 as Triangle Pictures located in Culver City which was 7 miles south west of Hollywood. Thomas Ince, D.W. Griffith and Mack Sennett then owned the Studio. Samuel Goldwyn then acquired the studio in 1918 and the name was changed to Goldwyn Studios. It is then when it got its Leo the Lion logo. It merged with Metro Pictures and Mayer Pictures in 1924 and the studio went onto become the greatest studio in the history of Hollywood by the name Metro Goldwyn Mayer (MGM) on April 16, 1924. The inauguration took place with a grand ceremony attended by Former President both President Calvin Coolidge and famous performer Will Rogers. This is how the legendary MGM Studios was born.
MGM became the powerhouse of cinema pretty soon and was renowned for its lavish sets, stylish films and unmatched array of Film stars in their productions. It was a dream for many new actors to work for MGM. Within a year of its formation MGM took over Universal Studios as the biggest producer of movies in the year 1925 and retained this distinction for next quarter of the century. The studio also inherited the classic silent movie Ben-Hur that was under production when the studio was formed. The movie was the most expensive silent movie ever made with the cost of production of over $5 million. The movie was also a blockbuster hit.
The Studio was city in itself having its own police, fire, telegraph and post departments. It had everything that a city has so that a complete movie can be shot inside the studio without ever going to different places. With the advent of talkies in the late twenties the Studio attracted best of the talent of that era with big names like Clark Gable, Jean Harlow, Robert Montgomery, Myrna Loy, Jeanette MacDonald, Nelson Eddy, Frank Sinatra, Fred Astaire, Jimmy Stewart, Elizabeth Taylor etc. the list goes on.
During the peak years MGM churned as many as fifty films a year and it has as many as five thousand employees. The studio once bragged that there are more stars in MGM than sky. The studio acquired one more building for administration in 1938, which was named after Irving Thalberg who was the head of production. Then Louis B. Mayer took over the reins until 1951 when he lost power to Dore Schary. The golden age of the studio was from its inception to the Second World War during which it gave memorable movies like 'The Wizard of Oz', 'Gone with the wind', 'The Tarzan Adventures', 'The Thinman Series' and many Marx Brothers comedies. 'Gone with the wind' is still the highest earning movie till date if you adjust for inflation. MGM movies created many more records with Ben-Hur made in 1959 bagging 11 Oscars which was a record until recently when it was equaled by 'Titanic' and 'The Lord of the Rings: The Return of the King'.
The golden era of MGM ended after the Second World War when it became expensive to produce large number of movies and the when viewers attention was diverting towards the television. The 1950's and 1960's saw one of the worst periods in the history of the studio with company making loses for the first ever time. To offset these loses and to get into the television market slowly they sold the rights of their movie 'The Wizard of Oz' to CBS which made a lot of money back then. But even as the company tried to come out of the financial turmoil it sank further deep each year. The studio was ultimately sold to Edgar Bronfman, Sr., a Canadian Investor. When he too was not able to manage the studio he sold it to Nevada millionaire Kirk Kerkorian who was more interested in it as a real estate property than a studio. He sold the vast collection of Studio's props, furnishings and memorabilia; the lot was used for a huge real estate project.
The company almost stopped producing movies in 1970's and 1980's. The company acquired United Artists in 1981 and in 1986 Ted Turner bought it. It again changed many owners in 1990's. In 2004 there was a cat race to buy MGM with Turner, Sony and many other big companies bidding to acquire it. But the highest bidder proved to be Sony with the support of other firms like Comcast and venture capital bankers Texas Pacific Group and Providence Equity Partners.
MGM ventured into theatrical distribution in 2006 releasing over fourteen films in the year. The studio also restructured itself and is once again back in business and keeping with the modern day demands by announcing in 2007 that all MGM movies can be downloaded through Apple's iTunes. With the company molding itself to the needs of the digital world we only hope that the company regains its lost reputation once again.
Tom Hanks: A Short Bio
Born on July 9, 1956 in Concord, California Thomas Jeffrey Hanks ala Tom Hanks is one of the gifted Hollywood stars with immense acting talent and perfection. Tom Hanks did not have the happiest of childhoods, as his parents got divorced when he was only 5 years old. Tom was third of four children born to Amos and Janet Hanks. His parents were avant-gardes in the development of marriage dissolution law in California. He moved around with his father changing schools and changing stepmothers and he was just confused.
After finally settling down in Oakland, CA Tom began taking part in high school plays. He continued to act in plays while attending California State University. Then he left the university to pursue his acting career further.
Hanks went to the city of opportunities, New York. This is when he got married to actress/producer Samantha Lewes on January 24, 1978. The marriage lasted nearly 9 years and they got divorced on March 19, 1987. Tom Hank's first break as an actor came in a low budget movie called "He Knows You're Alone" in 1980 where he was reportedly paid just $800 for the movie. After few months he moved to Los Angeles and co-starred in the TV Sitcom "Bosom Buddies" where he portrayed a man forced to dress as a woman in order to stay at a women's only hotel. The show didn't touch cord with the viewers and was shelved after only two seasons. He also worked in TV Series like "Taxi" and "Family Ties". His acting career remained silent until 1984 when he got a big break in a Disney Film's comedy called "Splash" which was about a mermaid in 1984. The movie proved to be a box office hit and the audience liked the charm and comic timing of the actor. Tom Hank was reportedly paid $70,000 for this movie.
Hanks didn't carry the success that he got after "Splash" for too long. He appeared in many comedies which went unnoticed until he starred in "Big" in 1988 where he gave a powerful performance portraying the role of a child in a grown up man's body for which he also won a Oscar nomination. He became darling to the audience's hearts and that is the reason why they ignored the flop movie "Bonfire of the Vanities" in 1990 and looked forward to his upcoming movies rather. He once again made a comeback with the movie "Penny Marshall's A League of Their Own" in 1992. The success of this movie fetched him a role in another comedy called "Sleepless in Seattle" in 1993, which was a huge hit at the box office. He also portrayed the role of a homosexual in 1993 movie "Philadelphia" for which he won an Oscar for best actor. He won an Oscar for best actor again the next year for the movie "Forrest Gump" in 1994 achieving a rare double only the second time in the history of academy awards.
The actor had a wonderful run with movies like "Apollo 13" in 1995, "Toy Story" in 1995 and "Saving Private Ryan" in 1998. His recent movies include "Toy Story 2" in 1999, "Cast Away" in 2000 for which he again won an Oscar nomination and controversial "The Da Vinci Code" in 2006. Tom Hanks is a family man married to actress Rita Wilson who he met on the sets of the movie "Volunteers" in 1985. Tom Hanks continues his professional life hosting "Saturday Night Live". Entertainment Weekly has reportedly chosen him as the only actor right now who is worth more than $20 million. Surely with the bundle of talent that this actor has and his selective approach to movies there is no match to this actor.
No comments:
Post a Comment