The Hobbit in Trouble Again As MGM ‘Teeters on Bankruptcy’
MGM reportedly held an hours-long conference call with bondholders yesterday during which management begged for money.
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MGM reportedly held an hours-long conference call with bondholders yesterday during which management begged for money.
"A financial settlement between the two parties may have been reached."
As expected, the summer of 2009 easily trounced that of 2007 to become the highest-grossing summer season ever — thanks to higher ticket prices.
By Sunday, 2009 is expected to beat 2007's record as the highest-grossing summer ever.
Will the failed movies of summer 2009 finally spell the end for Hollywood's star system?
At long last, Steven Spielberg's wish for an independent DreamWorks has come true!
Obviously this is a record for the highest single-year earnings for a dead celebrity.
Paula's manager: "Very sadly, it does not appear that she's going to be back on 'Idol.'"
Nikki Finke recently bragged that she'd sold her blog "for the GNP of a small country." But which one? The 'Times' reports her price, and we found the country.
Jay Penske, the empire-building founder of Mail.com Media Corporation, has made another high-profile and (probably) expensive hire.
'30 Rock' has been sold for syndication, for the not-bad sum of $800,000 per episode.
He's been offered between $100 million and $144 million per year to come back.
The Weinstein Company has hired financial adviser Miller Buckfire & Co to "help restructure its debt and raise money to cover its operating costs."