Goldwyn Pictures was established through the partnership of Samuel Goldwyn and Edgar Selwyn, two notable figures in the film industry during the early 20th century. Samuel Goldwyn, who was a theater entrepreneur and an ambitious producer, had already made a name for himself by acquiring smaller companies and producing successful films. Edgar Selwyn was a writer, director, and producer who had a deep understanding of the artistic elements required for successful filmmaking. Together, they aimed to bring innovative storytelling and high production values to the burgeoning film market.

The company was based in Hollywood, California, which was emerging as the center of the American film industry. Goldwyn Pictures quickly gained attention for implementing more sophisticated techniques in filmmaking, including enhanced sound design and visual aesthetics. Their productions showcased a variety of genres, often focusing on romantic dramas and comedies, setting a standard for future filmmakers.

One of their notable releases included 'The Great Adventure,' a film that exemplified their commitment to quality. Goldwyn's vision for the company was not just to make films but to create a brand synonymous with excellence. Their early success helped to position Goldwyn Pictures as a key player in Hollywood, influencing numerous subsequent studios and shaping the landscape of American cinema well into the 20th century.