![]() ![]() MGM, like other studios, was not immune to the changing times and struggled to adapt. The rise of television and the changing tastes of audiences disrupted the business of Hollywood, undercutting the bottom line at the box office. ![]() Much like the present moment, the late 1960s were a turbulent time for Hollywood. UA was known for hit brands like James Bond. MGM was bolstered by acquiring United Artists in 1981. “You might say it was in first place during the classic era of Hollywood and has been arguably in last place during the modern era of Hollywood.” “MGM tried to preserve the old ways of Hollywood,” he said. “It was said of MGM that they had more stars than in the heavens,” Maltin added.īut as Hollywood changed with the advent of TV, MGM was “one of the most reluctant to change,” Kuntz pointed out. Since MGM was a big part of the studio system, which held actors under contract at different studios, it also helped to create some of Hollywood’s most glamorous stars, such as Greta Garbo, Clark Gable and Joan Crawford. “It had a glory period that ran for decades.” “At one time, MGM was the most prestigious studio in Hollywood,” Leonard Maltin, a film critic and historian, told CNN Business. Nicola Dove/EON Productions/Metro-Goldwyn-Mayer Studios B25_25594_RJames Bond (Daniel Craig) prepares to shoot in NO TIME TO DIE,an EON Productions and Metro-Goldwyn-Mayer Studios filmCredit: Nicola Dove© 2020 DANJAQ, LLC AND MGM. ![]()
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