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MGM update
Jun. 22nd, 2010 09:42 pmhttp://www.theonering.net/torwp/2010/06/22/37180-spyglass-focused-on-running-mgm/
Spyglass Focused On Running MGM?
June 22nd, 2010 by DiveTwin | Source: Wall Street Journal
According to the Wall Street Journal, Spyglass Entertainment has emerged as the leading contender to run Metro-Goldwyn-Mayer Inc., according to people familiar with the matter. The beleaguered film studio races to restructure a roughly $4 billion debt load this summer.
Spyglass co-heads Gary Barber and Roger Birnbaum would run the studio as co-chief executives under a plan being discussed with MGM’s creditors, these people said.
The talks are continuing, and no final decisions have been made, the people said. You can read the entire article here.
Spyglass Focused On Running MGM?
June 22nd, 2010 by DiveTwin | Source: Wall Street Journal
According to the Wall Street Journal, Spyglass Entertainment has emerged as the leading contender to run Metro-Goldwyn-Mayer Inc., according to people familiar with the matter. The beleaguered film studio races to restructure a roughly $4 billion debt load this summer.
Spyglass co-heads Gary Barber and Roger Birnbaum would run the studio as co-chief executives under a plan being discussed with MGM’s creditors, these people said.
The talks are continuing, and no final decisions have been made, the people said. You can read the entire article here.
