Los Angeles, Jan 10 (IANS): Hollywood producer Samuel Goldwyn Junior, son of the late legendary Samuel Goldwyn, is no more. He was 88.

The heir to a Hollywood dynasty and a film executive who made a name for himself in his own right died Friday of congestive heart failure at Cedars-Sinai Medical Centre here, reports hollywoodreporter.com.

His son, film and TV producer and former Paramount Pictures chief John Goldwyn shared the news with the New York Times.

Another of his sons is actor-director Tony Goldwyn, who stars as the US President in ABC's "Scandal".

The late producer's Samuel Goldwyn Co., founded in 1979, pioneered the business model for indie productions by exploiting low budgets and guerrilla marketing tactics. He was known for championing promising directors early in their careers, including Ang Lee (1993's "The Wedding Banquet") and Kenneth Branagh (1989's "Henry V").

He was born here Sep 7, 1926.

In 1924, his father's Goldwyn Pictures was acquired by Metro Pictures Corporation, which became Metro-Goldwyn-Mayer.

Samuel is survived by four sons, daughter Catherine and 10 grandchildren.