William B. Goetz (March 24, 1903 – August 15, 1969) was an American film producer and studio executive. Goetz was one of the founders of Twentieth Century Pictures, and later served as vice president of 20th Century Fox after the studio's merger with the Fox Film Company. At Universal-International, he served as the head of production from 1946 until 1953.
Early life
Born to a Jewish working-class family in Philadelphia, Pennsylvania, Goetz was the youngest of eight children.[1][failed verification] His mother died when he was ten years old and shortly thereafter his father abandoned the family. Raised by older brothers, at the age of twenty-one he followed some of his brothers to Hollywood where he found work as a crew hand at one of the large studios. After a few years, he gained production responsibilities and, in 1930, was made an associate producer at the Fox Company.
Goetz served as vice president of 20th Century Fox, but in 1942, he took charge of the studio temporarily when Zanuck, a veteran of World War I, joined the United States military effort in World War II. Goetz liked the top role in the company, and after Zanuck returned, relationships became strained.
In 1943, Goetz resigned to form his own independent company with Leo Spitz,[4] a former lawyer who worked as a movie company advisor. Their partnership, International Pictures, ended its short-lived existence when they made a deal in July 1946 to merge with the British Rank Organisation's distribution arm and Universal Pictures.
Goetz was made president and placed in charge of production for the newly merged Universal-International studio.[3] Although one of the studio executives who formulated the 1947 Waldorf Statement, Goetz later softened his stand on the issue.
In 1949, Goetz called upon his close friendship with MCA head Lew Wasserman, one of the more powerful agents in Hollywood.
They revolutionized the motion picture industry when they agreed to a deal where James Stewart was signed to a profit participation deal to act in a Universal film. In lieu of a salary for his performance, Stewart was guaranteed half of the film's profits, and the concept was negotiated for other stars who recognized the value of their own box-office drawing power.
In March 1930, Goetz married Edith Mayer (1905–1988), daughter of Metro-Goldwyn-Mayer studio head Louis B. Mayer – who was less than enthusiastic about the match.[6] The couple had two daughters, Judith and Barbara.[7] Goetz and Mayer remained married until his death in 1969.[8]
Goetz's sister-in-law was theatrical producer Irene Mayer Selznick. Goetz's brother-in-law was film producer David O. Selznick to whom Irene was married from April 1930 to 1949.[9][10]
Mayer was further angered when he learned that the party was to be co-hosted by film executive Dore Schary, the man with whom Mayer had worked with (and often fought with) at MGM and who replaced Mayer as the head of Metro in 1951. Although Mayer adored his daughter Edith, he had a difficult relationship with Goetz.
This episode further strained their relationship, and Mayer never spoke to his son-in-law again.[11][12]
A very wealthy man, Goetz raised thoroughbred racehorses. His horse Your Host won the 1950 Santa Anita Derby and subsequently sired Kelso, a Hall of Fame inductee and one of the greatest horses in racing history.
In 1949, a controversy erupted over a Vincent van Gogh self-portrait titled Study by Candlelight that Goetz had purchased two years earlier. The painting was declared a fake by art expert Willem Sandberg and the artist's nephew, V. W. van Gogh, resulting in an international debate among art experts.
The painting remained controversial and was not put up for auction with the rest of the Goetz collection following Edith Goetz's death in 1987. The painting was exhibited April 13–25, 2013 in the Nevada Museum of Art in Reno, Nevada.[13][14]
↑Sutherland, Henry (August 16, 1969). "William Goetz, Figure in Film Industry for 40 Years, Dies: Producer, 66, Had Been Associated With Nearly 100 Movies During Career". Los Angeles Times. p.a1.