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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 ).
MGM-Pathé Communications was an American film production company that operated in Los Angeles County, California from 1990 to 1992.
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.
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.
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 ...
The bid was accepted and Parretti merged Pathé Communications and MGM to create MGM-Pathé Communications. [36] With the merger majority of the former Cannon Group library became part of the MGM library (certain rights for other media and select films during the Thorn EMI merger now lie with other entities).
No one in Hollywood seemed certain exactly who Giancarlo Parretti was, much less how he pulled off the series of deals that culminated in his 1990 purchase of MGM/United Artist Communications Company for 1.3 billion dollars.
