70: MGM Stories Part 15: Mayer’s Downfall

In the 1940s, Louis B. Mayer was the highest paid man in America, one of the first celebrity CEOs and the figurehead of what for most Americans was the most glamorous industry on Earth. In 1951, Mayer was fired from the studio that bore his name. What happened -- to Mayer, and to Movies on the whole -- to hasten the end of the golden era of hollywood?