Monday, December 22, 2014

MGM — GOING OUT LIKE A LAMB?

October 8, 2010 by · Leave a Comment 

MGM would appear to be the latest media company to fall into bankruptcy after being sold to owners who paid too much for it in a leveraged buyout ($4.8 billion) and then discovered that they weren’t earning enough to pay interest on the debt. Published reports said today (Friday) that the studio is attempting to […]

FILM EXECS AVOID LIONS DEN

June 16, 2010 by · Leave a Comment 

No prominent film industry executive is interested in taking the chief executive post at MGM, the Hollywood Reporter reported today (Wednesday), noting that former Viacom executive Jonathan Dolgen, and Fox veterans Peter Chernin and Bill Mechanic are among those who have turned down offers to run the debt-ridden studio. Meanwhile, MGM’s owners, who include Providence […]