1956: The Wizard of Oz Shown For The First Time On TV

By | November 2, 2021

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Source: (IMDb).

Before 1955, most major Hollywood studios did not broadcast feature films on network television, with the exception of Walt Disney. By 1956, this had begun to change, with the studios selling the films to local television stations. On November 3, 1956, The Wizard of Oz became the first major film to be shown in its entirety during a single evening on an entire television network.

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Source: (IMDb).

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.