Sony Pictures Studios - The Historic MGM Studios

The Historic MGM Studios

In 1924, Loews Theatres President Marcus Loew organized the merger of three film companies – The Metro Pictures Corporation, Goldwyn Studios and Louis B. Mayer Productions to form Metro-Goldwyn-Mayer and occupying the Goldwyn production facilities.

In the Golden Age of Hollywood, MGM Studios was responsible for shooting 52 films a year, from screen epics such as Gone with the Wind (although it was shot in the Culver Studios), Ben-Hur, and Mutiny on the Bounty, to drawing-room dramas such as Grand Hotel, Dinner At Eight, and Anna Karenina. But it was the Technicolor musicals, including The Wizard of Oz, Singin' in the Rain and Gigi that MGM was best known for. MGM’s success led to six working studio complexes, more than 180 acres (0.73 km2) including twenty-eight soundstages – Stage 15 is the second largest sound stage in the world, and Stage 27 served as "Munchkinland" in the production of The Wizard of Oz.

In addition to the main production building, MGM added two large backlot facilities – Lot 2 located opposite the main studio across Overland Avenue. Lot 3 entered the corner of Jefferson Boulevard and Overland Avenue and was MGM’s largest backlot. The administration building was inaugurated in 1938 and was named for Thalberg.

However, the United States v. Paramount Pictures, Inc. anti-trust case of 1948 severed MGM's connection with Loews Theaters, and it struggled through its affairs. In 1969, millionaire Kirk Kerkorian bought MGM and proceeded to dismantle the studio. MGM’s film memorabilia was sold through an 18-day auction, and 38 acres (150,000 m2) of the studio’s backlots were sold. Lot 3 was razed while Lot 2 was sold to housing developments. Kerkorian used the money into constructing his hotel chain, the MGM Grand Hotels.

In the 1980s, Kerkorian acquired United Artists and sold MGM/UA Entertainment Co. to Ted Turner who, after 74 days, sold MGM/UA back to Kerkorian while retaining the pre-1986 MGM film library. In 1986, the studio was sold to Lorimar Productions. During that time, the MGM logo was removed from the studios and moved across the street to the Filmland Building (now known as Sony Pictures Plaza) before their 1992 move to Santa Monica and finally settling in Century City.