“In the early days of Los Angeles many movies were shot in the streets of our neighborhood. Charlie Chaplin and Buster Keaton shot many of their early movies within several blocks of our hotel. Chaplin’s 1915 movie “The Bank” was one such effort. In 1919, Charlie Chaplin, DW Griffith, Mary Pickford and Douglas Fairbanks got together to form United Artists, which was an early attempt to combat the power of the Hollywood Studio System, purchasing and operating what is now the Ace Theater, just a few blocks from the hotel.

A video of the event can be seen here. “

“The period stretching from the introduction of sound to the beginning of the demise of the studio system, 1927/29–1948/1949, is traditionally referred to by most film historians as the Golden Age of Hollywood.

The Golden Age is a purely technical distinction and not to be confused with the style in film criticism known as Classical Hollywood cinema, a style of American film which developed from 1917 to 1960 and characterizes it to this day.

During the so-called Golden Age, eight companies constituted the major studios that promulgated the Hollywood studio system. Of these eight, five were fully integrated conglomerates, combining ownership of a production studio, distribution division, and substantial theater chain, and contracting with performers and filmmaking personnel: Fox Film Corporation (later 20th Century-Fox), Loew’s Incorporated (owner of America's largest theater circuit and parent company to Metro-Goldwyn-Mayer), Paramount PicturesRKO Radio Pictures, and Warner Bros. 

Two majors—Universal Pictures and Columbia Pictures—were similarly organized, though they never owned more than small theater circuits.

The eighth of the Golden Age majors, United Artists, owned a few theaters and had access to two production facilities owned by members of its controlling partnership group, but it functioned primarily as a backer-distributor, loaning money to independent producers and releasing their films.

More can be learned on this topic here. “