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.
The film kicks off its extended Easter frame in line for a $45 million-$50 million four-day debut, with 53 day-and-date markets also skedded to bow the pic this weekend.
Paramount embarks on an extended pre-Easter opening of the long-delayed “G.I. Joe: Retaliation,” starting Wednesday evening with 7 p.m. Stateside screenings. The pic’s front-loaded debut, as a…
MGM is coming on board “Tomb Raider” with Graham King. The Lion has acquired the film rights to the popular vidgame and will develop the feature in partnership with GK Films. No distributor was…
“The Mountains Between Us” helmer Gerardo Naranjo has come in to save the day for MGM’s “Death Wish” as the director is in negotiations to replace former helmer Joe Carnahan. Carnahan had been long…
Paramount and MGM have begun developing a sequel to “Hansel & Gretel: Witch Hunters, ” which recently passed the $200 million marker at the worldwide box office. Will Ferrell, Adam McKay and Kevin…
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…
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.
MGM is moving ahead on its reboot of the "Poltergeist" franchise with a late-summer start date of production.
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…