MGM/MCA (original) (raw)

MGM/MCA is an American entertainment company. It was formed on June 6-July 10, 1997, in Vancouver, British Columbia, Canada and is currently headquartered in Santa Monica, California.

History[]

MGM/MCA was formed in 1997 by Frank Giustra and Avi Federgreen with a 16millioninvestmentincludinganother16 million investment including another 16millioninvestmentincludinganother40 million from other investors which included Keyur Patel and Yorkton Securities' executives such as G. Scott Paterson. Giustra had recently retired as CEO from Yorkton, an investment bank, and Paterson was then president. Giustra then merged Lionsgate with Toronto Stock Exchange listed Beringer Gold Corp. (founded in 1986) to take the company public. Beringer's mining assets were soon sold off.