Skip to comments.MGM planning prepackaged bankruptcy, Spyglass takeover
Posted on 10/10/2010 7:33:52 PM PDT by Perdogg
We generally tend to pass over the news on MGMs financial machinations, but this month there is some big news on the future of the company that owns the Stargate franchise. Since it is bound to stir questions among Stargate fans (not to mention fans of James Bond and The Hobbit, as both film franchises are waiting on MGMs ability to pay for them), we wanted to let you know whats up
(Excerpt) Read more at gateworld.net ...
Let the rest of MGM go into bankruptcy though, heh
I’ve been out of that loop for many years now, but a quick perusal of the Spyglass library shows that they are a perfect choice to run MGM as it continues to bumble down the road of failure, inexplicably without ever actually completely failing. I look forward to many high profile embarrassments from the new owners.
Lord let's hope not.
Isn’t it MGM/UA? I thought they were merged.
If so that means Tom Cruise’s company is going bankrupt. Guess he isn’t OT9 yet.
Well, dang, I hope the Hobbit isn’t delayed to TOO much longer!
This whole thing has been like pulling teeth.
I'll hold out for the "Complete Collection" that will include the Extended Versions of The Hobbit and LOTR. Then I can watch them with the grandkids we don't even have yet! ;o)
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