Universal Pictures (sometimes called Universal City Studios or Universal Studios for short), a subsidiary of NBC Universal, is one of the 6 Major Movie Studios.
The Big Major Movie Studios are -
1)20th Century Fox (founded in 1935)
2)Warner Bros (founded in 1918)
3)Paramount Pictures (founded in 1912)
4)Columbia Pictures (founded in 1919)
5)Universal (founded in 1912) and
6)Walt Disney (founded in 1929)
Universal Pictures is the oldest American movie studio that is still in continuous production
Universal Pictures was founded in 1912 by Carl Laemmle(a German Jewish Immigrant settled in Wisconsin)
Universal was forced to seek a $750,000 production loan for '' Showboat'' from the Standard Capital Corporation, pledging the Laemmle family's controlling interest in Universal as collateral.When Standard called the loan in, a cash-strapped Universal couldn't pay. Standard foreclosed and seized control of the studio on April 2, 1936.
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