Legendary MGM (Metro Goldwyn Mayer) Up for Sale Soon!

MGM

Legendary movie company and once a major movie studio MGM (Metro Goldwyn Mayer), is sitting on the edge of 4 billion dollars debt and a potential sale of the company! The death of Hollywood begins…

We all know MGM… the Lion that growls before the movie starts… yeah, that company. This is very sad news for every movie lover in the world. MGM is the birth and blood of moving motion pictures.

The MGM studio lot was sold years ago to Sony Pictures (wish they kept the org MGM sign!), which still resides over in Culver City. I had the opportunity to work there a few times, one being on “The Curious Case of Benjamin Buttons” movie. MGM currently has an office building over in Century City. I’m not aware of any current standing “MGM” named studios, but the company does shoot at the Sony studios. Sony owns part of the MGM brand/name/company now, along with a few other odd companies like Texas Pacific Group, Comcast Corp., DLJ Merchant Banking Partners and Quadrangle Group.

This must mean that the new MGM owners can’t take care of their baby due to their own company failures! We’re calling child protection services!

Posted Under: Hollywood Up-Front Lisa Mason Lee, Lisa Mason Lee
This post was written by Lisa Mason Lee on November 15, 2009 Write a Comment (2)

“Spider-Man” ‘5′ and ‘6′ in Pre-Production

Spider-Man

Production on “Spider-man 4″ will begin early next year for a May 6, 2011 release. Looks like Tobey Maguire and Kirsten Dunst will be back for 4, but will they sign on for 5 & 6? Although those movies are far away from filming, Sony Pictures is already in preparation now.

“Variety reports that Sony Pictures has engaged screenwriter James Vanderbilt to write “Spider-man 5″ and “Spider-man 6″. Vanderbilt has been hired to write the fifth and sixth movies, which have an interconnected storyline. It’s unclear whether director Sam Raimi, Tobey Maguire and Kirsten Dunst will be back for 5 & 6, but if they aren’t, Vanderbilt’s script would be the blueprint for a franchise.”

Posted Under: Celebs, Kirsten Dunst, Lisa Mason Lee, Toby Maguire
This post was written by Lisa Mason Lee on August 17, 2009 Write a Comment (1)