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…
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.
Lion's "crown jewel" sped exit from bankruptcy
MGM's long-murky future will come into focus next week, when a federal bankruptcy court's set to confirm its bankruptcy plan.