Overview
Marcus Loew (May 7, 1870 - September 5, 1927) was an American business magnate and a pioneer of the motion picture industry who formed Loew's Theatres and the Metro-Goldwyn-Mayer film studio (MGM).
Life and career
Loew was born in New York City, into a poor Jewish family, who had emigrated to New York City a few years previously from Austria and Germany. He was forced by circumstances to work at a very young age and had little formal education. Beginning with a small amount of money saved from menial jobs, he invested in the penny arcade business. Shortly after, in partnership with Adolph Zukor and others, he founded the successful but short-lived Automatic Vaudeville Company which established a chain of arcades across several cities. After the company dissolved in 1904 Loew converted his share of the business into nickelodeons and over time he turned Loew's Theatres into a leading chain of vaudeville and movie theaters in the United States.
By 1905, Marcus Loew was on his own and his success eventually meant that he needed a steady flow of films for his theaters. In 1904, he founded the People's Vaudeville Company, a theater chain showcasing one-reel films and live variety shows. In 1910, the company had considerably expanded and was renamed Loew's Consolidated Enterprises. His associates included Adolph Zukor, Joseph Schenck, and Nicholas Schenck. In addition to theaters, Loew and the Schencks expanded the Fort George Amusement Park in upper Manhattan.
By 1913, Loew operated a large number of theaters in New York City including the American Music Hall, Avenue A Theatre, Avenue B Theatre, Broadway Theatre (41st St.), Circle Theatre, and the Columbia Theatre in Brooklyn. Other Loew-operated theaters were the Delancey St. Theatre, Greeley Sq. Theatre, Herald Square Theatre, Liberty Theatre, Brooklyn, Lincoln Sq. Theatre, National Theatre (149th St.), Plaza Theatre, 7th Ave. Theatre (124th St.), Shubert Theatre, Brooklyn, and the Yorkville Theatre. Outside of New York, he managed the Columbia Theatres of both Washington, D.C., and Boston and Philadelphia’s Metropolitan Opera House.
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