Giancarlo Parretti, who was central to one of Hollywood’s greatest scandals, will reflect on his tumultuous days running MGM for the first time in a new feature doc from the BBC, Fifth Season and Wonderhood Studios.
In The Man Who Definitely Didn’t Steal Hollywood from BAFTA-winning Lockerbie director John Dower, Parretti will give his own account of what happened all those years ago when the unknown waiter became one of the most powerful studio bosses in Hollywood, but soon faced an FBI investigation.
Parretti bought the iconic James Bond studio MGM/UA in 1990 for $1.3B with high hopes but within weeks, the 17th James Bond movie was put on ice, pay cheques to Dustin Hoffman and Sylvester Stallone had bounced, and hundreds of MGM/UA staff were fired.
Parretti soon faced an FBI investigation for alleged financial irregularities and his ownership of Hollywood’s most famous studio spiraled out of control.
Read more on deadline.com
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