Back in 1924, Metro Pictures, Goldwyn Pictures Corporation and Louis B. Mayer Pictures merged together to form Metro-Goldwyn-Mayer, or MGM, with the motto, "Ars Gratia Artis", a Latin phrase meaning "Art for art's sake." Over the last 85 years, the [...]
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Universal Pictures To Halt Development Until 2010
Universal Pictures put the word out this week that it will not spend money for the rest of the year to advance development projects. Essentially, if your project isn't being fast-tracked or greenlit, you won't be able to spend money [...]
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Dreamworks Secures ‘$825 Million Dollars’ In Financing
MUMBAI – DreamWorks Studios has at last secured the financing it needs to get its production slate up and running. Partners in the new venture, Steven Spielberg, Stacey Snider and Indian billionaire Anil Ambani announced Wednesday night that the studio will [...]
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