In a pre-emptive move, MGM has unveiled a $75 million stock repurchase program to ward off any hostile or unsolicited takeover attempts. The privately held studio, which has posted improved financial…
Mgm Board Of Directors
Microsoft exec Nancy Tellem has replaced Peter Liguori on the board of MGM. Liguori left The Lion’s board after becoming the CEO of Tribune Co. earlier this year. MGM topper Gary Barber made the…
James Bond and the Hobbits have boosted second quarter revenues by nearly three times over the 2012 quarter for MGM Holdings to $339 million, compared with $128.4 million. The privately-held studio…
Longtime international motion picture publicist Bill Edwards, who spent much of his career at MGM, died Wednesday at the age of 84. Despite Edwards being unwell for the past two-three months, his…
After over-performing at the box office in the past two weekends and receiving stellar reviews since its premiere at Sundance, “Fruitvale Station” director Ryan Coogler and actor Michael B. Jordan…
After Summit put the film into turnaround earlier this year, “If I Stay” has found a new home as MGM has picked it up with Chloe Moretz in final negotiations to star. Moretz had been in talks to star…
Warner Bros. Home Entertainment and MGM have bought a stake in Kabam after the duo turned to the free-to-play gamemaker to produce "The Hobbit, Kingdoms of Middle-earth."
In a way, the news out of MGM on Wednesday was merely a formality 15 years in the making -- an open acknowledgement that Gary Barber is the moneyman and Roger Birnbaum is the moviemaker.
MGM, the fabled studio that's made some folks piles of money and cost others their shirts, is heading back to the stock market -- news that left potential investors seeking clarity on MGM strategy…
Former Pixar Chief Financial Officer Ann Mather is joining the board of directors of MGM Holdings Inc., which completed its restructuring earlier this week.