Irv Levin, Date of Birth, Place of Birth, Date of Death

    

Irv Levin

American businessman and film producer

Date of Birth: 08-Sep-1921

Place of Birth: Chicago, Illinois, United States

Date of Death: 20-Mar-1996

Profession: businessperson, film producer

Nationality: United States

Zodiac Sign: Virgo


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About Irv Levin

  • Irving H.
  • Levin (September 8, 1921 – March 20, 1996) was an American film producer and business executive with the National General Corporation.
  • He was also the owner of the National Basketball Association's Boston Celtics and San Diego Clippers. Levin began his film career as the president of Filmmakers Releasing Organization, a film distribution company founded by independent producers Collier Young and Ida Lupino.
  • When American Broadcasting-Paramount Theatres, Inc.
  • decided to expand to film production in 1956, Levin was named the first president of the Am-Par Picture Corporation.
  • The company dissolved in 1959 and he moved to Atlantic Pictures Corp.In 1961, Levin joined National Theaters & Television, Inc.
  • as a vice president.
  • In 1962 Eugene V.
  • Klein restructured the company into National General Corp., where Levin served as the executive vice president from 1962–1969 and president and CEO from 1969–1972.
  • Levin was also president of NGC's entertainment assets, which included National General Pictures and The Chinese Theatre. In April 1972, Levin and attorney Harold A.
  • Lipton purchased the Boston Celtics for $3.7 Million.
  • The sale was rejected by the NBA as a result of conflict of interest concerns due to fellow National General directors Sam Schulman and Eugene V.
  • Klein owning the Seattle SuperSonics.
  • Levin and Lipton were forced to sell their shares to Robert Schmertz that May for $3.95 Million with an option for the two to repurchase half of the Celtics' stock.
  • After two years of litigation, Levin and Lipton were able exercise their option.
  • Ten months later they purchased the remaining stock from Leisure Technology. In 1978, Levin and Lipton swapped their shares in the Celtics with John Y.
  • Brown, Jr.
  • and Harry T.
  • Mangurian, Jr.
  • for their shares in the Buffalo Braves.
  • The Braves were relocated to San Diego, where they became the San Diego Clippers.
  • On May 4, 1981, Levin sold the Clippers to Donald Sterling for $13.5 million.

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