Watch The Love of the Last Tycoon - An Undying Love by the Emperor of Hollywood - for Free: How to Stream the Movie Online at 123Movies. . The Love of the Last Tycoon is inspired by the life of film producer Irving Thalberg, on whom protagonist Monroe Stahr is based. The story follows Stahr's rise to power in Hollywood, and his conflicts with rival Pat Brady, a character based on studio head Louis B. Mayer.