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aintitcool.com - 9/25/2009
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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 ...
deadline.com - 9/25/2009
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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 ...
hollywoodreporter.com - 10/2/2009
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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
hollywoodreporter.com - 10/2/2009
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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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