1956: The Wizard of Oz Shown For The First Time On TV
By | November 2, 2021
The Original Release Did Not Show A Profit
The Wizard of Oz was released in theaters on August 25, 1939. The film, which cost $ 2.777 million to make, not including promotional costs, was MGM’s most expensive film at the time. It was somewhat successful during the original release and was a critical success, but it did not make a profit with the original release. It was nominated for six Academy Awards, including Best Picture, and it won two: Best Original Song for “Over the Rainbow” and Best Original Score. In 1949, it was re-released and finally made a profit, bringing in a total of a little more than three million dollars.