Metro-Goldwyn-Mayer
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Type: | Owned by Providence Equity Partners (29%) TPG Capital, L.P. (formerly Texas Pacific Group) (21%) Sony Corp. of America (20%) Comcast Corporation (20%) Credit Suisse (7%) Quadrangle Group (3%) |
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Founded: | April 16, 1924 |
Headquarters: | Los Angeles, California, USA (Metro-Goldwyn-Mayer Studios, Inc.: Santa Monica, California, USA) |
Key people: | Harry E. Sloan (Chairman and CEO) |
Industry: | Motion pictures |
Products: | Motion pictures Television programs |
Employees: | 1,440 (as of 2004) [1] |
Website: | http://www.mgm.com/, |
Metro-Goldwyn-Mayer, Inc., or MGM, is an American media company. They mainly make movies and television programs. On April 8, 2005, the company was bought by a group led by Sony and Comcast along with Texas Pacific Group and Providence Equity Partners.
From the 1920s through World War II, Metro-Goldwyn-Mayer was the largest movie studio in Hollywood. They made more movies than any other studio. At its best, it released an average of one movie a week as well as many short films and other projects.