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…
Mgm Roger Birnbaum
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…
Thanks to "Skyfall" and 'The Hobbit: An Unexpected Journey," MGM saw fourth-quarter earnings move into the black to $40.2 million from a loss of $11.2 million in the 2011 quarter.
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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…
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.
Dwayne Johnson is in talks to star in MGM's "Hercules," to be directed by Brett Ratner.
MGM has hired marketing vet Doug Finberg to serve as exec VP of marketing.
MGM has named Spyglass president Jonathan Glickman as president of its motion picture group. He fills the slot vacated last fall by Mary Parent.
Former Pixar Chief Financial Officer Ann Mather is joining the board of directors of MGM Holdings Inc., which completed its restructuring earlier this week.
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.