The Man Who Definitely Didn't Steal Hollywood

  • Documentary
10/18/2024
90

Storyline

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.

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Reviews

  • Geronimo1967

    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 Parretti, we explore just how - as a result of a dare that wouldnt have looked out of place in Trading Places - this audacious Italian entrepreneur managed to put together a bid to acquire MGM from Kirk Kerkorian. No sooner has he his feet under his desk, though, than things begin to unravel and jobs begin to go. With the bulk of his cash coming from the increasingly dubious Credit Lyonnais and with investigations galore going on into just about every...

    October 6, 2025

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