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.
Miramax 3.0 is beginning to take shape as Filmyard Holdings completes its purchase of the company from the Walt Disney Co. Deal is now expected to close within the next month.
Lionsgate's dialing up a campaign to persuade MGM's debtholders to choose its merger proposal rather than a rival reorganization plan that would leave Spyglass Entertainment toppers in charge.
Domestic Film DAILY
PROVIDED BY: Box Office
Non-Stop1Daily:$1.6M Cumulative:$36.7M Universal Pictures -3.70%
Son of God
Son of God2Daily:$1.4M Cumulative:$31.5M Fox 8.58%
The LEGO Movie
The LEGO Movie3Daily:$1.0M Cumulative:$214.0M Warner Brothers 6.54%