Metro-Goldwyn-Mayer, Inc., or MGM, is an
American media company, involved primarily in the production and distribution of
films and
television programs. From the end of the
silent film era through
World War II, Metro-Goldwyn-Mayer was the most prominent motion picture studio in
Hollywood, with the greatest output of all of the studios: at its height, it released an average of one feature film a week, along with many short subjects and serials. A victim of the massive restructuring of the motion picture industry during the
1950s and
60s, it was ultimately unable to cope with the loss of its theater chain (due to the
Paramount decrees), and the power shift from studio bosses to independent
producers and
agents.
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