Marcus Loew

Marcus Loew ( born May 7, 1870 in New York City; † September 5, 1927 in Glen Cove, Long Iceland ) was an American businessman and pioneer of the film industry, which, Inc. and Metro-Goldwyn- Mayer ( MGM) founded Loew's.

As the son of a poor, Jewish, originating from Austria New York family, he was forced by circumstances to work early and left school at the age of nine, so he had little formal education. Nevertheless, he rose with a small investment, saved up by simple activities, such as selling newspapers and as a worker in fur production, the penny arcade business one. Soon Loew bought in partnership with others, one of them was Adolph Zukor, a Nickelodeon movie theater and made in the course of time, Loew's Theatres on the largest cinema chain in the United States.

In 1920 he bought the Metro Pictures Corporation and Goldwyn Picture Corporation in 1924 and merged it to Metro-Goldwyn- Mayer ( MGM).

Even if immediately successful, Marcus Loew never saw what a major company MGM was. He died three years later at the age of 57 years in Glen Cove on Long Iceland from a heart attack. He was buried at the Maimonides Cemetery in Brooklyn.

For his significant contribution to the development of the film industry Marcus Loew received a star on the Hollywood Walk of Fame. To this day, his name in the United States is a synonym for movie theater.