Selznick International Pictures was a Hollywood motion picture studio. It was founded in 1935 by producer David O. Selznick and investor John Hay Whitney after Selznick left MGM and leased a section of the RKO Pictures lot in Culver City, California. The studio itself had been built for Pathé Pictures in 1919.
Selznick raised the initial funding of US$400,000 in Los Angeles, with half of that amount coming from his brother Myron Selznick, a Hollywood agent. He raised an additional US$300,00 from "small" investors in New York, and then the final US$2.4 million from "Jock" Whitney and his family. Whitney himself became chairman of the board, and Selznick president, of the new company. Because Whitney and his cousin Cornelius Vanderbilt Whitney also owned Pioneer Pictures, an independent studio they formed in 1933, that company was informally merged with Selznick International Pictures in 1936, which assumed Pioneer's contract to make at least six pictures in the new full-color Technicolor process, of which the Whitneys owned a 15 percent share.Because of its length, Gone With the Wind was considered two Technicolor pictures for the purpose of the contract.
Although Selznick foresaw a production schedule of six to eight features per year, the studio in fact made only two or three per year, due to Selznick's meticulous attention to detail and protracted writing and editing processes. But in its short life of five years and eleven features, Selznick International Pictures produced two winners of the Academy Award for Best Picture: Gone with the Wind (1939) and Rebecca (1940), and a third nominee, A Star Is Born (1937).
By 1940, Selznick International Pictures was the top-grossing film studio in Hollywood, but without a major studio set-up in which to re-invest his profits, Selznick faced enormous tax problems. That year, he and the other owners began dissolving the studio, while Selznick formed David O. Selznick Productions at the same studio location.
Papers and other artifacts of the studio are now part of the David O. Selznick Collection in the Harry Ransom Humanities Research Center at the University of Texas, Austin.
Hollywood history and culture | Defunct American movie studios
This article is licensed under the GNU Free Documentation License.
It uses material from the
"Selznick International Pictures".
Home Page • arts • business • computers • games • health • hospitals • home • kids & teens • news • physicians • recreation• reference • regional • science • shopping • society • sports • world