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MGM In Trouble!? Will James Bond Lead Those Hobbits To A New Home??
Merrick here... Nikki Finke over at Deadline Hollywood has some alarming details about phone calls which went down yesterday between MGM and bondholders. MGM made a desperate plea for money because the studio had missed its numbers and was going to be out of funds very soon. "The implication ...
EXCLUSIVE DETAILS: MGM Makes Phone Plea To Bondholders To Stay Alive; Both 'Hobbit' And James Bond In Peril; Bondholders Tell Studio To Go Bankrupt; MGM Calls That Worst Possible Outcome
EXCLUSIVE DETAILS: MGM Makes Phone Plea To Bondholders To Stay Alive; Both 'Hobbit' And James ...
deadline.com — I've collected several knowledgeable accounts of what happened during yesterday's multi-hour contentious MGM conference call with bondholders... who were "very loud and very upset". Here's why: The call was for the benefit of the lenders, and MGM ... (more) EXCLUSIVE DETAILS: MGM Makes Phone Plea To Bondholders ...
'Hobbit' stays with MGM
hollywoodreporter.com — MGM has secured support from key lenders to allow the studio enough cash to proceed with its... participation in "The Hobbit." A recent proposal by MGM's new CEO Steve Cooper to defer interest payments on its debt load for the next three months on ... (more) 'Hobbit' stays with MGM
'Hobbit' stays with MGM
hollywoodreporter.com — MGM has secured support from key lenders to allow the studio enough cash to proceed with its... participation in "The Hobbit." A recent proposal by MGM's new CEO Steve Cooper to defer interest payments on its debt load for the next three months on ... (more) 'Hobbit' stays with MGM
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Hobbit, James Bond and CineVegas Hurt Financially. Today in Film Bloggery 09/25/09
SpoutBlog — ... Merrick at Ain’t It Cool News agrees the big franchises aren’t in big trouble, but others might be: ...

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