However, within a few years his company, Lewis J. Selznick Productions, Inc., experienced severe financial difficulties and went bankrupt in 1925.
Lewis Selznick continued in film on the East Coast until 1920 when he moved to Hollywood, California where he teamed up with Adolph Zukor and Jesse L. Lasky.
By 1916, personality conflicts with his partners saw him ousted from the firm by the Board of Directors.
Selznick's company became very successful, in 1915 hiring Sidney Olcott away from Kalem Studios plus the French director Maurice Tourneur away from the American arm of the giant, Pathé.
Fascinated with the fledgling motion picture business, and recognizing a business opportunity with great potential, he joined a film production company. In 1914, he founded World Film Company, a film distribution company in Fort Lee, New Jersey, where many early film studios in America's first motion picture industry were based in the early part of the 20th century.
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