The Fox Film Corporation (also known as Fox Studios) was an American Independent film production studio formed by William Fox (1879–1952) in 1915, by combining his earlier Greater New York Film Rental Company and Box Office Attraction Company (founded 1913).
When rival Marcus Loew died in 1927, Fox offered to buy the Loew family's holdings. Loew's Inc. controlled more than 200 theaters, as well as the Metro-Goldwyn-Mayer film studio. The Loew family agreed to the sale, and the merger of Fox and Loew's Inc. was announced in 1929; MGM studio bosses Louis B. Mayer and Irving Thalberg were not included in the deal, and fought back. Using powerful political connections, Mayer called upon the Justice Department's antitrust unit to delay giving final approval to the merger. William Fox was badly injured in a car crash in the summer of 1929, and by the time he recovered, he had lost most of his fortune in the stock market crash of 1929, ending any chance of the Fox/Loew's merger being approved, even without the Justice Department's objections.
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This page uses content from the English Wikipedia page Fox Film. The revision history lists the authors. The text on Metro-Goldwyn-Mayer Wiki and Wikipedia is licensed under the Creative Commons Attribution-ShareAlike License (CC BY-SA). |