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American film company From Wikipedia, the free encyclopedia
Selznick Pictures was an American film production company active between 1916 and 1923 during the silent era.
| Company type | Film studio |
|---|---|
| Industry | Film industry |
| Founded | April 1916 |
| Founder | Lewis J. Selznick |
| Defunct | 1923 |
| Fate | Purchased by Universal Pictures |
| Successor | Selznick International Pictures |
Selznick Pictures was founded in April 1916 by Lewis J. Selznick following his loss of control at World Film. Selznick moved production from his former base at Fort Lee, New Jersey to California, and brought with him Clara Kimball Young who had been World Film's biggest star.[1]
In 1917 Adolph Zukor, head of Paramount Pictures, bought a half share in the company. Selznick remained as head of the studios, but films were now released under the label of Select Pictures. In April 1919 Selznick bought out Zukor's half share in the company for over $1 million.[1] Selznick's sons David and Myron were both involved in the company.
In 1923 Select Pictures went out of business.[1] Selznick Pictures continued to release pictures until the following year, including three British imports from Gainsborough Pictures. However the firm itself had run into financial difficulties, and the firm's remaining assets were purchased by Universal Pictures in late 1924.[2] The bankrupt Selznick was briefly made head of production at Associated Exhibitors, but this company was soon merged. His son David later revived the family name with his own production company Selznick International Pictures.
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