Former Commanding MGM Sadly Fallen
- By Himfr Mary
- Published January 25th, 2012
- Business
- Unrated
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MGM went bankrupt, the long dusk of the Lion, the issue of a final sigh, finally oil burnout, fell. MGM declared bankruptcy in the moment, it has been numerous rumors of the acquisition occurs, but so far no one has admitted the acquisition intentions.
Distant glory
MGM was brilliant, the highest honor has also been majestic, but all have been very far away.
86 years ago, the greatest miracle in the history of world cinema - MGM film was set, the general manager named Meyer. Since then, MGM Hollywood began its imperial road. Meyer's talent in his masterpiece, in a short period of time, will be the pinnacle of MGM into Hollywood. Until the end of World War II, MGM dominated the trend of the entire film world and the future. "As long as MGM contract, they will win the Oscar," this is not an empty word, in fact, produced the first 20 sessions of 40 Oscar actor and actress, which released 11 films in the MGM obtained.
From 1924 to the late 40s of last century, Hollywood, MGM is the largest and most influential set of production, distribution, screening the film in a company, it has even been called Roar flag a symbol of the United States. In this era, MGM to produce 40-50 films a year, the fastest time or even every week launched a new film. And MGM's box office to those stars is an absolute guarantee.
Drop altar
The world has never been the eternal protagonist, MGM's big stars come and go like a revolving door in general, and MGM himself can not escape the same fate, it is proved the faster take-off, was also dropped earlier.
MGM's glory lasted 20 years, and this is considered a long time. Followed, not too high and cold, but the pain of falling. May 1948, the U.S. Supreme Court ruling under the antitrust laws to determine illegal monopoly of large companies. This decision requires producers production companies just give up the business of distribution and cinema operations. MGM ushered in the first fatal blow, and its main sources of income were cut off. Never unparalleled blessing to, World War II, rapid spread of television, more and more into the average family, 10 years, less than half the film the audience, to 1957, MGM first loss for 30 years Legend has finally been broken profits. Moreover, the fight against one after another, as internal conflicts, the biggest player in the rise of Mayer MGM was forced to flee to MGM to withstand the financial blows, once again usher in the reputation of the dilemma.
To change this predicament,
MGM launched in 1959 cost $ 15,000,000 of the big production "Bin Xu", the film won 11 Oscars, MGM also ushered in a brief respite. However, MGM did not really grasp, in the next 10 years, despite the "North by Northwest", "Yan brothels prostitutes," "Lolita," "Doctor Zhivago" and so on masterpieces, but still MGM can not change every year of losses. Lonely lion, MGM already not brilliant.
Lion wandering
In 1967, annual losses have been unable to bear the burden of MGM, eventually had sold. And MGM has since become a stray lion, were sold in various consortia to sell to the homeless. We can look at MGM's wandering journey: the 1967 Canadian investor Edgar Bronfman bought the MGM, but after two years will be sold to MGM in Las Vegas gambling tycoon. Kerkorian MGM in 1986 to 1.45 billion will be sold to CNN. CNN after the result of funding constraints, he bought back part of the assets. Kerkorian to MGM in 1990 to 1.3 billion shares sold to the Italian-led consortium pedicle. Kerkorian in 1996 to 1.3 billion U.S. dollars of the cost of re-gain control of MGM. 2005 Sony (USA) invested 4.8 billion acquisition of MGM.
38 years of wandering course, so long ago exhausted MGM, although still not come out when excellent work, which is undoubtedly the most famous "007" series, however, as early as 1962, has been introduced in the first, time and eternity in the subsequent series of still can not save the classic MGM was dying destiny.
MGM's weakness
Some people say that one of them casually, are enough to make MGM immortal. However, it is clear that lion is not immortal, but eventually fall, because it has not overcome its own weaknesses.
Since the anti-trust ruling in MGM lost sources of income distribution and cinema operations after to become a pure content provider, not a huge income support, which can only be the first lion ever wandering predators of the capital between around to look for financial support, a few decades, it had numerous changes in equity, and not have their own capital to support the MGM, and finally became the capital ordered by the tool.
MGM lost its autonomy, the creation is also trouble. After the initial brilliance, MGM to caught in the embarrassing position rest on our laurels, so far, MGM's only support a "007", and the brand, was 48 years old, long past the prime of life, into the evening scene. For decades, the classic MGM almost no real new work available, although it has 4000's film library, the stakes could not eat it forever. Hollywood never believed Conservative, numerous new companies eyeing the film market, they will never give up the opportunity to bite, and a lack of innovation in the giant, and can not really control the market.
Distant glory
MGM was brilliant, the highest honor has also been majestic, but all have been very far away.
86 years ago, the greatest miracle in the history of world cinema - MGM film was set, the general manager named Meyer. Since then, MGM Hollywood began its imperial road. Meyer's talent in his masterpiece, in a short period of time, will be the pinnacle of MGM into Hollywood. Until the end of World War II, MGM dominated the trend of the entire film world and the future. "As long as MGM contract, they will win the Oscar," this is not an empty word, in fact, produced the first 20 sessions of 40 Oscar actor and actress, which released 11 films in the MGM obtained.
From 1924 to the late 40s of last century, Hollywood, MGM is the largest and most influential set of production, distribution, screening the film in a company, it has even been called Roar flag a symbol of the United States. In this era, MGM to produce 40-50 films a year, the fastest time or even every week launched a new film. And MGM's box office to those stars is an absolute guarantee.
Drop altar
The world has never been the eternal protagonist, MGM's big stars come and go like a revolving door in general, and MGM himself can not escape the same fate, it is proved the faster take-off, was also dropped earlier.
MGM's glory lasted 20 years, and this is considered a long time. Followed, not too high and cold, but the pain of falling. May 1948, the U.S. Supreme Court ruling under the antitrust laws to determine illegal monopoly of large companies. This decision requires producers production companies just give up the business of distribution and cinema operations. MGM ushered in the first fatal blow, and its main sources of income were cut off. Never unparalleled blessing to, World War II, rapid spread of television, more and more into the average family, 10 years, less than half the film the audience, to 1957, MGM first loss for 30 years Legend has finally been broken profits. Moreover, the fight against one after another, as internal conflicts, the biggest player in the rise of Mayer MGM was forced to flee to MGM to withstand the financial blows, once again usher in the reputation of the dilemma.
To change this predicament,
Lion wandering
In 1967, annual losses have been unable to bear the burden of MGM, eventually had sold. And MGM has since become a stray lion, were sold in various consortia to sell to the homeless. We can look at MGM's wandering journey: the 1967 Canadian investor Edgar Bronfman bought the MGM, but after two years will be sold to MGM in Las Vegas gambling tycoon. Kerkorian MGM in 1986 to 1.45 billion will be sold to CNN. CNN after the result of funding constraints, he bought back part of the assets. Kerkorian to MGM in 1990 to 1.3 billion shares sold to the Italian-led consortium pedicle. Kerkorian in 1996 to 1.3 billion U.S. dollars of the cost of re-gain control of MGM. 2005 Sony (USA) invested 4.8 billion acquisition of MGM.
38 years of wandering course, so long ago exhausted MGM, although still not come out when excellent work, which is undoubtedly the most famous "007" series, however, as early as 1962, has been introduced in the first, time and eternity in the subsequent series of still can not save the classic MGM was dying destiny.
MGM's weakness
Some people say that one of them casually, are enough to make MGM immortal. However, it is clear that lion is not immortal, but eventually fall, because it has not overcome its own weaknesses.
Since the anti-trust ruling in MGM lost sources of income distribution and cinema operations after to become a pure content provider, not a huge income support, which can only be the first lion ever wandering predators of the capital between around to look for financial support, a few decades, it had numerous changes in equity, and not have their own capital to support the MGM, and finally became the capital ordered by the tool.
MGM lost its autonomy, the creation is also trouble. After the initial brilliance, MGM to caught in the embarrassing position rest on our laurels, so far, MGM's only support a "007", and the brand, was 48 years old, long past the prime of life, into the evening scene. For decades, the classic MGM almost no real new work available, although it has 4000's film library, the stakes could not eat it forever. Hollywood never believed Conservative, numerous new companies eyeing the film market, they will never give up the opportunity to bite, and a lack of innovation in the giant, and can not really control the market.
Written by Himfr Mary
I am a professional editor from China Suppliers, and my work is to promote a free online trade platform. http://www.frbiz.com/ contain a great deal of information about anti-static wrist strap,ice skates bauer,door phone intercom, welcome to visit!
