Metro-Goldwyn-Mayer (commonly known as MGM and also known as Metro-Goldwyn-Mayer Pictures or Metro-Goldwyn-Mayer Studios Inc.), is an American media company, involved primarily in the production and distribution of films and television programs. Once the largest and most glamorous of film studios, MGM was founded in 1924 when the entertainment entrepreneur Marcus Loew gained control of Metro Pictures, Goldwyn Pictures Corporation and Louis B. Mayer Pictures. Its headquarters is in Beverly Hills, California.
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-Chairs and co-CEOs of the holding company of Metro-Goldwyn-Mayer.
Read more about Metro-Goldwyn-Mayer: Overview, Decline, The MGM Library