Frank Rosenfelt was the CEO of Metro-Goldwyn-Mayer studios under the owner of which corporation?
Kirk Kerkorian Kerkor "Kirk" Kerkorian (June 6, 1917 – June 15, 2015) was an Armenian-American businessman, investor, and philanthropist. He was the president and CEO of Tracinda Corporation, his private holding company based in Beverly Hills, California. Kerkorian is known for having been one of the important figures in the shaping of Las Vegas and, with architect Martin Stern, Jr. described as the "father of the mega-resort". He built the world's largest hotel in Las Vegas three times: the International Hotel (opened in 1969), the MGM Grand Hotel (1973) and the MGM Grand (1993). He purchased the Metro-Goldwyn-Mayer movie studio in 1969.
Studio system The studio system (which was used during a period known as the Golden Age of Hollywood) is a method of film production and distribution dominated by a small number of "major" studios in Hollywood. Although the term is still used today as a reference to the systems and output of the major studios, historically the term refers to the practice of large motion picture studios between the 1920s and 1960s of (a) producing movies primarily on their own filmmaking lots with creative personnel under often long-term contract, and (b) dominating exhibition through vertical integration, i.e., the ownership or effective control of distributors and exhibition, guaranteeing additional sales of films through manipulative booking techniques such as block booking.