Metro-Goldwyn-Mayer Inc. (MGM) has announced that it has begun a solicitation of votes from its secured lenders for a pre-packaged plan of reorganization (the "Plan"). MGM expects to continue normal business operations throughout the restructuring process. The Plan provides for MGM's [...]
Read moreCheck out this new trailer for Hot Tub Time Machine. The Film follows a group of best friends who’ve become bored with their adult lives: Adam (John Cusack) has been dumped by his girlfriend; Lou (Rob Corddry) is a party [...]
Read moreJust a few days ago, we told you that MGM was going to be put on the auction block, because the studio has accumulated almost $4 billion in debt, and they can't even pay the interest. It was reported that the [...]
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Back in September we told you about MGM's financial woes and their possible bankruptcy. Now, we have word from Variety that MGM, which boasts one of the best known logos in the entertainment business and a library of some 4,000 [...]
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