MGM's "
Gigi" opens in New York City, beginning its run in the U.S. after being shown at the Cannes film festival. The last of the great
MGM musicals, it will become a huge critical and box office success and win nine Academy Awards including Best Picture. "
Gigi" is
Lerner and Loewe's first musical written especially for film, and is deliberately written in a style evoking the team's "
My Fair Lady", which was still playing on Broadway at the time and could not be filmed yet.