Timur Bekmambetov (“Wanted”) is in negotiations direct MGM's reboot of “Ben-Hur,” the studio's 1959 epic starring Charlton Heston. Sean Daniel and Joni Levin are producing the the remake. Jason Brown…
Mgm Financing The Hobbit
MGM is teaming with Fox 2000 Pictures to co-finance and distribute its reboot of "Poltergeist." MGM had announced in March that it had attached "Monster House" director Gil Kenan to helm the thriller…
Thanks to "Skyfall" and 'The Hobbit: An Unexpected Journey," MGM saw first-quarter earnings more than double to $57.4 million from $22.9 million in the 2012 quarter. Revenue nearly tripled to $481.7…
Today's MGM is a corporate anomaly -- it's either primed for a moment of rebirth or sitting in a holding pattern.
MGM will be a step closer Friday to its dream of becoming a major studio once again, when the company closes a $650 million refinancing that will help the Lion fund ventures in new media and more of…
Banking on the success of "The Hobbit" and "Skyfall," MGM is refinancing its debt in a deal that will give the Lion more financial flexibility than it's had in years, including the opportunity to…
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…
MGM has named Spyglass president Jonathan Glickman as president of its motion picture group. He fills the slot vacated last fall by Mary Parent.
Warner Bros. will handle worldwide distribution on "The Hobbit," taking over the international distribution and home video on the back-to-back films from MGM.
Leo the Lion is coming back to life with MGM's restructuring plan becoming effective, fresh with $500 million in funding to revamp the storied studio.