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MGM on the Verge of Bankruptcy? Where Does This Leave Bond and The Hobbit?
slashfilm.com - 9/25/2009
MGM on the Verge of Bankruptcy? Where Does This Leave Bond and The Hobbit?
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There’s a complicated story brewing with MGM, which for the last thirty years has frequently been in dire financial straits. The severely abridged form is that MGM and its library have been bought and sold multiple times since the ’80s, and that the company is currently operating ...
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
deadline.com - 9/25/2009
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 ...

Comments vote down /Film found this 9/25/2009found this
hollywoodreporter.com - 10/2/2009
'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

Comments vote down ComingSoon.net - 30 most recent stories found this 10/2/2009found this
hollywoodreporter.com - 10/2/2009
'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

Comments vote down Collider found this 10/2/2009found this

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Screen Rant:  MGM On The Edge of Bankruptcy

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MGM On The Edge of Bankruptcy
Screen Rant — ... Let us know in the comments below. Part 1 of The Hobbit has been set for a while to hit theaters in December, 2011, with Part 2 set to follow a year later in December, 2012. A production and release date has yet to be set for Bond 23. Hopefully there will be no delays as a result of this MGM situation, and those dates will remain. Sources: Nikki Finke (DeadlineHollywood), FirstShowing and /Film You Might Also Be Interested In: Great ...

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