With Hollywood on the brink of historic change, it’s too bad Louis B. Mayer isn’t around to witness it. It was back in 1924 when Mayer summoned every star in town, even the President of the United States, to honor the opening of his heralded new MGM studio.
The pomp and ceremony was as bogus as it was grand. Mayer’s actual assets at that moment totaled a mere $100,000. And the “G” in Metro Goldwyn Mayer (Samuel Goldwyn) had already fled the venture. Alert to all this, President Calvin Coolidge bailed at the last moment. MGM’s biggest star,