Twentieth Century Fox
April 17, 2009
By Danny Hoover
The history of Twentieth Century Fox dates back to the 1935 merger of the Twentieth Century Films Corporation which was founded in 1933 and the Fox Film Corporation which was founded in 1915. The founders of Twentieth Century Films were Daryl F. Zanuck, Raymond Griffith, William Goetz as well as Joseph Schenck while the founder of Fox was Mr. William Fox - a man who's films have played a huge part in developing the dvd rental market at places such as Netflixs.
Back in 1915, William Fox started his career in the filming industry and did quite well for himself and his company. He had a number of great stars working for him and in 1926 he even purchased a sound processing technique from a German company to introduce sound into his films. His film company was growing at an alarming rate and soon found himself needing more space so he chose a 300 acre plot in Beverly Hills to create Movietown.
Loew's Inc was located right next door to Movietown and housed more the 200 film studios. One of these was that of the MM Studios so when Marcus Loew passed on, he made a move to take control of it and officially merged with Loew's Inc. in 1929. Of course Louis B. Mayer of MGM was not at all pleased with this arrangement and reported Fox to the Justice Department's Anti-trust division.
After the whole anti-trust case and a bit of jail time, William Fox was hit by a car leaving him unable to attend to his company for some time. When he was finally able to get back to his feet and return to work, the stock market had crashed. Both he and his company were flat broke and Fox was looking for a miracle that would save him from bankruptcy. Twentieth Century Films was that miracle and they two corporations would merge into one.
Twentieth Century had the money and Fox had the studios and the merging of the two together was nothing less then perfect. Twentieth Century Fox was now headed by Schneck as the chief officer and Zanuck as the head of production. It was during this important time in the company that Schneck made the right decision to bring large names and very famous talents into the company like Betty Grable and even Henry Fonda. We owe the success of today's DVD rental markets, and the pleasure we derive from them, to pioneering people like these..
As the Second World War started, Zanuck chose instead to head off to war and fight for his country which left Goetz in charge of the production while he was away. Goetz managed just fine but by the time the war had ended, the television bean springing up in homes everywhere. Why pay for a movie when the television shows were free so in order to entice the viewers back, Zanuck used a specialized French projector along with a concave screen that would give people the impression of 3D without any need for special glasses.
Back in 1915, William Fox started his career in the filming industry and did quite well for himself and his company. He had a number of great stars working for him and in 1926 he even purchased a sound processing technique from a German company to introduce sound into his films. His film company was growing at an alarming rate and soon found himself needing more space so he chose a 300 acre plot in Beverly Hills to create Movietown.
Loew's Inc was located right next door to Movietown and housed more the 200 film studios. One of these was that of the MM Studios so when Marcus Loew passed on, he made a move to take control of it and officially merged with Loew's Inc. in 1929. Of course Louis B. Mayer of MGM was not at all pleased with this arrangement and reported Fox to the Justice Department's Anti-trust division.
After the whole anti-trust case and a bit of jail time, William Fox was hit by a car leaving him unable to attend to his company for some time. When he was finally able to get back to his feet and return to work, the stock market had crashed. Both he and his company were flat broke and Fox was looking for a miracle that would save him from bankruptcy. Twentieth Century Films was that miracle and they two corporations would merge into one.
Twentieth Century had the money and Fox had the studios and the merging of the two together was nothing less then perfect. Twentieth Century Fox was now headed by Schneck as the chief officer and Zanuck as the head of production. It was during this important time in the company that Schneck made the right decision to bring large names and very famous talents into the company like Betty Grable and even Henry Fonda. We owe the success of today's DVD rental markets, and the pleasure we derive from them, to pioneering people like these..
As the Second World War started, Zanuck chose instead to head off to war and fight for his country which left Goetz in charge of the production while he was away. Goetz managed just fine but by the time the war had ended, the television bean springing up in homes everywhere. Why pay for a movie when the television shows were free so in order to entice the viewers back, Zanuck used a specialized French projector along with a concave screen that would give people the impression of 3D without any need for special glasses.
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