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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 ).
3 days ago · In 1990, it became MGM-Pathé Communications Co. after Giancarlo Parretti purchased the company and merged it with Pathé Communications (not to be confused with the French studio, which Parretti attempted to buy but failed due to French governmental concerns over his business background). Due to lawsuits, it was sold back to Kerkorian yet ...
He then merged it with his Pathé Communications Corporation (formerly The Cannon Group, a distributor that Parretti had renamed before his aborted bid for Pathé; ironically, MGM had previously distributed Cannon product several years prior) to form MGM–Pathe Communications Co.
May 28, 2024 · In 1990, when Giancarlo Parretti under Pathé Communications (not to be confused with the French studio) purchased MGM/UA, the company was renamed as "MGM-Pathé Communications Co.". However, the company was reverted back to "Metro-Goldwyn-Mayer" on July 2, 1992.
Giancarlo Parretti (born 23 October 1941) is an Italian financier. [ 2][ 3] In 1989, he took over Cannon Film Group Inc. from Menahem Golan and Yoram Globus. Almost immediately, he made plans to take over the storied French studio Pathé, and changed Cannon's name to Pathé Communications.
Company profile page for MGM/Pathe Communications Co including stock price, company news, executives, board members, and contact information
He then merged Cannon with MGM and named it MGM-Pathé Communications. In 1991 there were a number of lawsuits and he defaulted to Crédit Lyonnais, his financial backer. Parretti also faced securities fraud charges in the United States and Europe . [ 4 ]
