In a major step forward on "The Hobbit," Guillermo del Toro has signed on to direct the New Line-MGM tentpole and its sequel.
Mary Parent Mgm
Rick Sands ended his two-plus year stint at MGM by stepping down from his chief operating officer post Wednesday.
In her first creative hire since becoming head of MGM's worldwide motion picture group, Mary Parent has brought in New Line Cinema executive Cale Boyter as exec veep of production -- a move which…
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