The Great Ziegfeld movie review by Mad Squirrel. Starring William Powell, Myrna Loy, Luise Rainer, and many more. In the Great Ziegfeld movie review, I do a breakdown who Florenz (Flo) Ziegfeld Jr was, the Ziegfeld Follies and the numerous actors & actresses he discovered or cast for his extraordinary productions. The Great Ziegfeld won three Oscars at the 9th Academy Awards. Best Picture, Best Actress, and Best Dance Direction.