Today's MGM is a corporate anomaly -- it's either primed for a moment of rebirth or sitting in a holding pattern.
Mgm United Artists
While "The Hobbit: An Unexpected Journey," and "Skyfall" have dramatically improved MGM's bottom line, the company's initial public offering may still be a long ways off. Knowledgeable sources say…
Gary Bell, a top post-production exec for MGM during a career that lasted 50 years, died of natural causes on his boat in Marina Del Rey, Calif., on Sept. 21. He was 71.
Domestic Film DAILY
PROVIDED BY: Box Office
Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles1Daily:$7.6M Cumulative:$79.8M Paramount Pictures 13.49%
Guardians of the Galaxy
Guardians of the Galaxy2Daily:$6.6M Cumulative:$188.5M Disney 23.68%
Into the Storm
Into the Storm3Daily:$2.1M Cumulative:$21.1M Warner Brothers / New Line 21.06%
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…
Lionsgate's reportedly pulling the plug on its efforts to buy MGM, leaving only Time Warner Inc. and Access Industries as bidders for the beleagurered studio.
Studio exec and international distribution pioneer Norbert Auerbach died Dec. 12 in Prague after a brief illness. He was 87.
MGM's murky future should start coming into focus by the end of the year.
The Academy of Motion Picture Arts and Sciences has teamed up with Metro-Goldwyn-Mayer to preserve archives from the MGM/United Artists library.