Giancarlo Parretti was central to one of Hollywood’s greatest scandals. In 1990, Parretti bought iconic James Bond studio Metro-Goldwyn-Mayer/United Artists for $1.3B with high hopes. However, within weeks, the 17th James Bond film (GoldenEye) was put on ice, paycheques to Dustin Hoffman and Sylvester Stallone had bounced, and hundreds of staff were fired. Parretti soon faced an FBI investigation for alleged financial irregularities and his ownership of Hollywood’s most famous studio spiraled out of control.
John Dower
John Dower
John Dower
Giancarlo Parretti
Self
CinemaSerf
This is the kind of story you might have expected to read about in the 1920s or 1930s, but the fact that such a prominent Hollywood studio could be acquired for over a billion dollars in 1990 in quite such murky circumstances makes this worth a watch. With the lively participation of Giancarlo Parre...
BBC
Wonderhood Studios
Fifth Season