 Baum sold the rights to "The Wonderful Wizard of Oz" to Samuel Goldwyn on January 26, 1934, for $60,000.Goldwyn sat on the rights, and ultimately sold them to MGM for the production of "The Wizard of Oz" (1939), for which Goldwyn saw a large profit that none of the Baums did.Baum married Margaret Elizabeth Ligon Turner on August 19, 1940.