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MGM-Pathé Communications was an American film production company that operated in Los Angeles County, California from 1990 to 1992. The company was founded and controlled by Italian financier Giancarlo Parretti through his purchase and merger of MGM/UA Communications Co. and Pathé Communications (unrelated to the French Pathé studio ).
Company profile page for MGM/Pathe Communications Co including stock price, company news, executives, board members, and contact information
Parretti then merged the former Cannon with the MGM purchase to create the short-lived MGM-Pathé Communications. Under Parretti's control, MGM released almost no films (one victim being the James Bond franchise), while Parretti enjoyed a Hollywood mogul lifestyle.
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MGM was bought by Pathé Communications (led by Italian publishing magnate Giancarlo Parretti) in 1990, but Parretti lost control of Pathé and defaulted on the loans used to purchase the studio. The French banking conglomerate Crédit Lyonnais, the studio's major creditor, then took control of MGM.
May 26, 2021 · In a landmark mega deal, Amazon is acquiring MGM Holdings — whose storied studio boasts one of the largest film and TV libraries — in a bid to turbocharge its Prime membership offering to ...
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May 7, 1991 · Credit Lyonnais Bank Nederland has taken control of troubled MGM-Pathe Communications Co. and is seeking to sell 40% of the company’s stock, securities documents filed Monday show.
