Larry Shay (né Lawrence Fredrick Schaetzlein; 10 August 1897 Chicago – 22 February 1988 Newport Beach, California) was an American songwriter.
While still young, he studied the piano at the Bush Conservatory of Music in Chicago.
In 1925 he joined ASCAP (American Society of Composers, Authors and Publishers), and remained a member for 63 years.
In the 1930s, Metro-Goldwyn-Mayer hired him to become their music director and Shay and his wife Doris moved from New York to Hollywood.
In that capacity, he hired Bing Crosby, who was paid $50 a day by MGM for his first picture.