 In 1942, Selznick liquidated his company for tax reasons, and sold his share in "Gone with the Wind" to his business partner, John Whitney, for $500,000.In turn, Whitney sold it on to MGM for $2.8 million, so that the studio owned the film outright.MGM immediately re-released the film in the spring of 1942, and again in 1947 and 1954.