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!
In my opinion this is very bad news and this reflects what kind of current state our entertainment industry economy is in.
Do a blockbuster NOW! Hurry! Save MGM!
MURFREESBORO, TN. (THECOUNT) -- Denise J. Bradley, 63, of Murfreesboro Tennessee, was identified as the…
FRANKFORT, KY. (THECOUNT) --De’Jon Darrell Fox Jr., 19, of Indianapolis, has been identified as the…
Rebecca Park And Unborn Child Found Dead In Manistee National Forest; Mother And Stepfather Charged…
Pamela Wall Identified As Peoria County Jail Detainee Found Dead In Cell Pamela Wall, a…
MARRERO, LA. (THECOUNT) -- Terrence Henry, 27, was identified Monday as the man who died by…
WASHINGTON COUNTY, TX. (THECOUNT) -- Two family members — the father and sister of 36-year-old…