THIS DAY IN HISTORY:
United Artists Film Studio Is Founded (1919)
In 1919, four of the leading figures in Hollywood—Charlie Chaplin, Mary Pickford, D.W. Griffith, and Douglas Fairbanks—decided to form their own film studio to better control their own work. Though initially successful, United Artists foundered as films became more expensive to produce. It was taken over in the 1950s and began to thrive again until the 80s, when it was bought by the studio MGM.