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MGM Cut Some Slack

  • 10/2/09 at 11:15 AM
MGM Cut Some Slack

Photo: MGM

Nikki Finke is allowed one "TOLDJA!" this morning, as debt-ridden MGM has announced a forbearance agreement with its creditors, allowing the studio to skip three upcoming interest payments. The Hobbit is saved! For now! [Deadline.com]

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