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 has named Spyglass president Jonathan Glickman as president of its motion picture group. He fills the slot vacated last fall by Mary Parent.
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.
2016-2017 Oscar Predictions
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.
MGM's debtholders have overwhelmingly approved a plan to reorganize the hobbled studio through a prepackaged bankruptcy that will leave Spyglass Entertainment toppers in charge -- and give Carl Icahn…
MGM's debtholders will have another week to consider a bankruptcy plan that would leave Spyglass Entertainmemt toppers in charge -- a sign that a rival merger proposal from Lionsgate may have gained…