And the wait goes on...

[ourdramaqueen]

http://www.theonering.net/torwp/2010/05/06/36533-a-fifth-extension-on-mgms-debt/

A fifth extension on MGM’s debt?

May 6th, 2010 by MrCere | Discuss

The Hollywood Reporter, is, you guessed it, reporting that the debtholders of MGMs $3.7 billion shortfall may vote to give the studio’s restructuring team a fifth chance to cover its debt.

See link for the full article.


BUT - there's hope, as Kristin Thompson says, according a Variety report from today:

http://www.kristinthompson.net/blog/?p=1153

Time Warner still interested in buying MGM

Keep your fingers crossed...

Comments

[janejanejane.livejournal.com]

*fingers crossed* :-)