Everything about William Fox Producer totally explained
William Fox (
January 1,
1879–
May 8,
1952) was a pioneering
American motion picture executive who founded the
Fox Film Corporation in
1915 and the
Fox West Coast Theatres chain in the
1920s. Although Fox sold his interest in these companies in a 1936
bankruptcy settlement, his name lives on as the namesake of the
FOX Television Network and the
20th Century Fox film studio.
Fox was born
Wilhelm Fuchs to
Jewish parents in
Tolcsva,
Hungary, then part of
Austria-Hungary. He came to America at the age of 9 months, where his name was
anglicized to William Fox. He had many jobs starting at the age of 8. In 1900 he started his own company which he sold in 1904 to purchase his first
nickelodeon. In 1915, he started
Fox Film Corporation.
In 1925-26, Fox purchased the rights to the work of
Freeman Harrison Owens, the U.S. rights to the
Tri-Ergon system invented by three German inventors, and the work of
Theodore Case to create the Fox
Movietone sound-on-film system, released in 1927. Sound-on-film systems such as Movietone and
RCA Photophone soon became the standard, and the competing
sound-on-disc technologies, such as
Warner Bros.'s
Vitaphone, fell into disuse.
In 1927,
Marcus Loew, head of rival studio
Metro-Goldwyn-Mayer died, and control of MGM passed to his longtime associate,
Nicholas Schenck. Fox saw an opportunity to expand his empire, and in 1929, with Schenck's assent, bought the Loew family's holdings in MGM. However, MGM studio bosses
Louis B. Mayer and
Irving Thalberg were outraged. Despite their high posts in the MGM, they were not shareholders. Mayer in particular used his political connections to persuade the
Justice Department to sue Fox for violating federal antitrust law. During this time, in the summer of 1929, Fox was badly hurt in an automobile accident. By the time he recovered, the
stock market crash in the fall of 1929 had virtually wiped out his financial holdings, ending any chance of the Loews-Fox merger going through even if the Justice Department had given its blessing.
Fox lost control of the Fox Film Corporation in 1930 during a
hostile takeover. A combination of the
1929 Wall Street stock market crash, Fox's injury in a car accident in the summer of 1929, and government
anti-trust action forced him into a protracted seven-year struggle to fight off
bankruptcy. At his bankruptcy hearing in 1936, Fox attempted to
bribe judge
John Warren Davis and commit
perjury. He was sentenced to six months in prison. After serving his time, Fox retired from the film business. Fox died in 1952 at the age of 73. No Hollywood producers came to his funeral.
In 1935, Fox Film Corporation, under new president Sidney Kent, merged with the upstart
Twentieth Century Pictures to form
20th Century-Fox which was itself merged into
News Corporation in 1985. News Corporation, 20th Century Fox's corporate parent continues to make movies and started the
FOX Network.
The
Fox Theatre in many cities (including
Atlanta and
San Diego) were built by Mr. Fox.
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