MGM Studios, also known as Metro-Goldwyn-Mayer, is an American entertainment company headquartered in Century City, Los Angeles, California. It is one of the oldest film studios in the United States and known for producing and distributing motion pictures, television programs, and digital content. Founded in 1924, MGM Studios has a rich history in the film industry.

It began as the result of a merger between Metro Pictures Corporation, Goldwyn Pictures, and Louis B. Mayer Productions. Throughout the 1930s and 1940s, MGM Studios produced numerous successful films, including classics like Gone with the Wind and The Wizard of Oz.

The studio has a vast library of over 4,000 movies, including iconic franchises like James Bond and Rocky. MGM Studios operates on a global scale and has established a strong presence in various markets. It has subsidiaries and joint ventures around the world, including MGM China Holdings Limited, a partnership with the Shanghai Media Group and Beverly Hills-based LightWorkers Media.

Additionally, the studio has collaborated with other major studios and production companies on various projects. In terms of market position, MGM Studios is a prominent player in the entertainment industry. While it faced financial troubles in the past and had to file for bankruptcy in 2010, it has since restructured and regained stability.

MGM Studios competes with other major studios such as Warner Bros., Universal Pictures, and Paramount Pictures. In recent years, MGM Studios has focused on expanding its digital presence and developing original content for streaming platforms. It launched the digital platform EPIX, which offers original series and a wide range of movies.

MGM Studios has also ventured into television production, creating successful shows like Vikings and Fargo. As of the latest updates, MGM Studios has forged partnerships with streaming services like Hulu and Amazon Prime Video to further distribute its content to a global audience. The company continues to invest in new projects and strategic acquisitions to strengthen its market position in the ever-evolving entertainment industry.

Overall, MGM Studios has a long-standing legacy in the film industry, providing audiences worldwide with a diverse range of high-quality films and television series. With its digital initiatives and collaborations, the company remains a significant player in the global entertainment landscape