MGM, once the largest, most glamorous, and most revered film studio, has been a studio that suffers lows and sometimes experiences success, In 1986, they sadly had to give up the pre-1986 library (The Wizard of Oz, Gone with the Wind, Singin' in the Rain, Ben-Hur, Doctor Zhivago, 2001: A Space Odyssey, A Christmas Story, and Tom and Jerry, amongst others) to Ted Turner after he sold the studio back to Kirk Kerkorian. Since then, the loss of those films’ value has hurt MGM in the years. Warner Bros, who bought Turner Entertainment, certainly owns the library that Turner bought. MGM should be bought by Warner Bros not because of the libraries, but it would give MGM a new life.
Warner Bros has two libraries in common with MGM besides the Turner library, the pre-1982 Orion library and the post-1994 Castle Rock library. MGM owns the post 1982-library of Orion when they bought them from Metromedia and the pre-1994 Castle Rock library because of the acquisition of the pre-1996 PolyGram library where Nelson Entertainment (who backed Castle Rock) was in it. So as long as WB purchases MGM, it would have made the combined libraries of said studios the largest film library in the world, with all of the Warner Bros., MGM, United Artists, Orion, RKO, PolyGram, Cannon, Samuel Goldwyn, New Line, Hanna-Barbera, Lorimar, Rankin-Bass, Castle Rock, Saul Zaentz, etc. catalogs combined. This would help MGM makes profits from their old titles and Warner would also make co-profits from the new libraries such as United Artists (James Bond, Rocky), Orion (Silence of the Lambs), American International (Roger Corman pictures), Filmways (Dressed to Kill), The Cannon Group (52 Pickup), The Samuel Goldwyn Company (Sid and Nancy), Polygram (Fargo), Hemdale (The Terminator, Platoon), Gladden (Fabulous Baker Boys), Castle Rock (Misery, When Harry Met Sally) and Island (Trip to Bountiful).
This would help MGM a lot as it would also give them some independence. With the allowed freedom. MGM would have all their titles and new movies distributed by Warner Bros and the two studios would receive profits from the films’ sales. So spread the word and give MGM a new life with Warner Bros!
