Now that MGM's has completed its restructuring with $500 million in fresh funding, one of the top priorities is to renew James Bond's license to kill.
Mgm Creditor Voting
The prolonged and bizarre battle between Lionsgate and Carl Icahn has escalated as the mini-major slammed the billionaire with accusations of duplicity in trying to take over MGM.
Amping up the stakes for MGM, Carl Icahn's made a second offer to MGM debtholders designed to block a proposed prepackaged bankruptcy deal that would leave Spyglass Entertainment in charge of MGM.
Carl Icahn's extended his tender offer to buy more Lionsgate stock for another 10 days to Nov. 1.
With MGM's future still murky, Mary Parent has departed as head of its mothballed film production arm.
Former Italian film industry topper and sports mogul Vittorio Cecchi Gori was placed under house arrest Tuesday morning in Rome in connection with the bankruptcy of his pro soccer club Fiorentina.