Live Entertainment and Rank Film Distributors for 10-film and $150-million. However, Credit Lyonnais had placed a lien on Gladden's assets as the bank was owed $90 million. A petition was filed by Hollywood's three major talent guilds in U.S. Bankruptcy Court in Los Angeles to liquidate the company for failure to pay actors, directors and writers residuals in the amount of $4.1 million. Begelman left Gladden Entertainment to found Gladden Productions. However, he was not able to get funding for the new production company. (Ironically, MGM today holds the rights to the Sherwood/Gladden films as a result of their purchase of the Epic library from PolyGram in 1998; PolyGram had acquired the library from Credit Lyonnais two years prior.) Personal life and death Begelman was married four times. His first wife was Ester Begelman, a sister of a friend; she died of breast cancer after seven years of marriage. His second wife was Lee Reynolds; they had one daughter, Leslie Begelman Belskie, before divorcing. In 1975, he married Gladyce Largever, former wife of New York real estate developer Lewis Rudin; she died in 1986 of cancer. After his wife's death, he lived with actress Sandra Grant Bennett until 1990 when he married Annabelle Weston. Begelman became depressed over his Gladden Entertainment bankruptcy and failure to find funding for Gladden Productions. Begelman was found shot dead in a room at the Century Plaza Hotel in Los Angeles on August 7, 1995, at the age of 73. His death was ruled a suicide; he was interred at Hillside Memorial Park Cemetery in Culver City. At his death he was married to his fourth wife and was survived by his daughter, a sister and a brother. Bibliography David McClintick, Indecent Exposure: A True Story of Hollywood and Wall Street (New York: William Morrow and Company, 1982) "Blowing the Whistle on Fake Alumni", Time magazine (February 5, 1979) Coyne Steven Sanders, Rainbow's End: The Judy Garland Show (1993) References External links Allmovie Biography: David Begelman, Sandra Brennan 1921 births 1995 deaths 1995 suicides Film producers from New York (state) American fraudsters Jewish American military personnel Businesspeople from New York City Columbia Pictures people Suicides by firearm in California American film studio executives Metro-Goldwyn-Mayer executives 20th-century American businesspeople New York University alumni United States Army Air Forces personnel of World War II Burials at Hillside Memorial Park Cemetery 20th-century American Jews Presidents of Columbia Pictures