Marcus Loew

Marcus Loew ( LOH; 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).

Loew was born in New York City on May 7, 1870, 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.

Loew found himself faced with a serious dilemma: his merged companies lacked a central managerial command structure. Loew preferred to remain in New York overseeing the growing chain of Loew's Theatres. Film production had been gravitating toward southern California since 1913. By 1917 he oversaw a number of enterprises: Borough Theatre Co., Empress Amusement Corp., Fort George Amusement Co., Glendive Amusement Corp., Greeley Square Amusement Co., Loew's Consolidated Enterprise, Loew's Theatrical Enterprises, Mascot Amusement Co., Natonia Amusement Co., People's Vaudeville Co. In 1919, Loew reorganized the company under the name Loew's, Inc.

In 1920, Loew purchased Metro Pictures Corporation. A few years later, he acquired a controlling interest in the financially troubled Goldwyn Picture Corporation which at that point was controlled by theater impresario Lee Shubert. Goldwyn Pictures owned the "Leo the Lion" trademark and studio property in Culver City, California. But without its founder Samuel Goldwyn, the Goldwyn studio lacked strong management. With Loew's vice president Nicholas Schenck needed in New York City to help manage the large East Coast movie theater operations, Loew had to find a qualified executive to take charge of this new Los Angeles entity.

He and his wife, Carrie Loew, had twin sons, David L. Loew (1897–1973) and Arthur Marcus Loew Sr (1897–1977). Arthur married Mildred Zukor, daughter of Adolph Zukor and became president of MGM. Their son, Arthur Loew Jr. (1925–1995), was an actor, producer and writer.

E. M. (Elias Moses) Loew (1897–1984), also a major theater operator, to a lesser degree, and race track owner, is often assumed to be related to Marcus Loew. They weren't even distantly related. Among other things, E. M. Loew was, with Lou Walters (father of Barbara Walters), co-owner of the Latin Quarter night clubs in Boston, New York, and Miami Beach.