MGM remains a major: What if MGM wasn’t sold to Turner in 1986?

Here’s an interesting what if I have ever thought of in the past couple of days, so everyone claimed that the reason why MGM declined is because it lost their classic library that Turner retained after selling it back to Kerkorian. But what if MGM declined Turners offer?

So instead of selling it to Turner, in 1987 MGM instead restructures to MGM/UA Communications Co.

However despite this restructure, the debt problem wasn’t solved due to somewhat little hits and this isn’t until that Kerkorian would instead sell MGM in 1990.

Paretti‘s Pathé still buys MGM ittl this time with more loans from Lyonnais leading to him owning one of Hollywood’s most prestige golden age libraries during that period, he would rent out more of the Culver lot for more cash.

As a result Lyonnais took over early around November 1991, and as a result they monetize more of owning Hollywood’s most important golden age movie libraries by releasing them more on home video.

As the Bidding War comes, Kerkorian bought MGM again still with Seven network this time he felt that he wanted MGM to outright become a big studio once again after seeing the damage Parretti done so as a result they tried reviving MGM more by purchasing Orion under Metromedia because they’re still having trouble in Bankruptcy.

Ittl, MGM solved the problem of Warner‘s home video deal Parretti has done by giving back WB’s pre 1950 library back to them.

In 1999 MGM announces plans to open a the MGM Studio store after seeing Disney and Warner having their own Stores and it would eventually open during the Summer of 2000 in MGM Grand Las Vegas maximizing profits more.

In 2001, MGM bought a 20% stake in Rainbow Media which includes AMC because of this and because of the lack of TCM, this grants AMC to outright air everything on MGM’s classic catalog boosting ratings more, however Cablevision’s financial troubles which would led to MGM owning AMC and other networks outright to compete with other Major Studios at the time.

Thanks to MGM’s decisions in recent years, it successfully became more financially stable and having Kerkorian able to prevent to sell MGM for a longer time finally achieved MGM’s status as a media conglomerate.

MGM Studios and Networks as of 2003

MGM Franchises as of 2003

Other units of MGM as of 2003

It’ll make a Part 2 some time, to be continued…