Pages tagged “mgm”

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MGM on its Way to Auction

MGM’s iconic roaring lion has been stifled to whimpers of late due to ticket-sale woes, and the box office blows have the once ample studio heading to the auction house again....  read more

Terminator Franchise Distribution Future Uncertain

With Terminator Salvation quickly approaching this Memorial Day weekend and McG and Christian Bale on board for the sequel, talks about the next project have begun. However, there is a problem: MGM, who originally had the rights to Salvation but passed, has a 30-day rights refusal for the sequel, according to Variety, an issue that has some concerned....  read more

The Farrelly brothers to revive the Three Stooges

Undeterred by the chilly reception of their last attempt...  read more

MGM stays off the market...for now

Since its revival two decades ago, Metro-Goldwyn-Mayer has had a difficult time keeping itself in the black. Or perhaps it should be said that it hasn't been keeping itself in the black. Nonetheless, the studio announced recently that it will be staying in business despite a shaky reboot to its production and distribution. "Contrary to recent media reports, (MGM) is not for sale," said a statement by all the current owners of the studio printed in The Hollywood Reporter. "There is no 'asking price' for the company. MGM's existing financing arrangements are sufficient to meet its needs. Goldman Sachs has...  read more