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Keyword: mgm

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  • MGM Hires Bank To Sell Casino Assets: Source

    04/05/2009 9:59:02 PM PDT · by Steelfish · 11 replies · 652+ views
    Times of India ^ | April 05, 2009
    6 Apr 2009 MGM hires bank to sell casino assets: Source NEW YORK: MGM Mirage to advise on selling a number of its casinos, and is talking to potential buyers about the assets, a source familiar with the situation said on Sunday. The No. 2 casino operator, controlled by billionaire Kirk Kerkorian, is grappling with weak consumer demand and reduced access to credit. The casino firm is hoping to raise money to meet debt payments and also to fund a troubled project it jointly owns with Dubai World called CityCenter, the source said. MGM Mirage, which said in March that...
  • Hey Big Money Conservatives! MGM may soon be on the market!

    04/03/2009 6:39:15 AM PDT · by DGHoodini · 16 replies · 694+ views
    4/3/2009 | DGHoodini
    Hey all you big money conservatives. Here's our chance to have at least one big movie studio that puts out movies that aren't filled with pervy stink trash, and mental child molesting pervoganda! MGM. which has allready been working on a skeleton staff, having recently been owned by a bank, just let go of another 3 to 4% of their employees at their just recently ended contract year, may soon be up for sale! Just think, buy it, go in and fire all the freakazoids, rebuild the actors stable system, and start making movies that are family frindly, and reinforce...
  • MGM gets its 'Stooges'

    03/25/2009 2:24:54 PM PDT · by buccaneer81 · 75 replies · 1,785+ views
    Variety ^ | March 25, 2009 | NA
    MGM and the Farrelly brothers are closing in on their cast for "The Three Stooges." Studio has set Sean Penn to play Larry, and negotiations are underway with Jim Carrey to play Curly, with the actor already making plans to gain 40 pounds to approximate the physical dimensions of Jerome "Curly" Howard. The studio is zeroing in on Benicio Del Toro to play Moe. The film is not a biopic, but rather a comedy built around the antics of the three characters that Moe Howard, Larry Fine and Howard played in the Columbia Pictures shorts. The quest by the Peter...
  • Fitch cuts MGM Mirage, warns debt exchange likely

    03/24/2009 9:30:09 AM PDT · by SvenMagnussen · 1 replies · 245+ views
    Reuters ^ | Mar 23, 2009 | Staff
    Fitch Ratings on Monday cut its ratings on MGM Mirage (MGM.N) to one step above default and warned a distressed debt exchange of the casino operator's bonds "appears imminent or inevitable." Fitch cut MGM's debt rating three notches to 'C', an extremely speculative grade, from "CCC", and said it was unable to give an outlook because of the debt's high level of risk. MGM last week reported a fourth-quarter loss of $1.15 billion and said its banks had agreed to waive debt covenants through May 15. Earlier in March, it warned that auditors had substantial doubt about the company's ability...
  • Golden eyes on MGM's Detroit billboard cause stir

    03/02/2009 8:22:49 AM PST · by BGHater · 46 replies · 1,574+ views
    AP ^ | 28 Feb 2009 | AP
    A teaser for an MGM Grand Detroit casino ad campaign that features a pair of golden eyes peering at motorists from a billboard is causing a stir among some who see the image as sinister. The Detroit billboard depicts the eyes on a black background, accompanied by a golden silhouette of MGM's signature lion. City Councilwoman Alberta Tinsley-Talabi tells The Detroit News for a Saturday story she wants it taken down. The Rev. James A. Smith, pastor of Maranatha Gospel Church in the Detroit suburb of Romulus, says it "looks like a demon glaring at you." Yvette Monet, a spokeswoman...
  • Golden Eyes On MGM's Detroit Billboard Cause Stir

    02/28/2009 10:52:20 PM PST · by Steelfish · 19 replies · 1,703+ views
    FoxNews ^ | February 28, 2009
    Golden Eyes on MGM's Detroit Billboard Cause Stir Sunday, March 01, 2009 [PIC]The MGM billboard looks over Detroit's Lodge Freeway. DETROIT — A teaser for an MGM Grand Detroit casino ad campaign that features a pair of golden eyes peering at motorists from a billboard is causing a stir among some who see the image as sinister. The Detroit billboard depicts the eyes on a black background, accompanied by a golden silhouette of MGM's signature lion. City Councilwoman Alberta Tinsley-Talabi tells The Detroit News for a Saturday story she wants it taken down. The Rev. James A. Smith, pastor of...
  • MGM: A Lion or a Lamb? (Tom Cruise/Valkyrie - Dinosaur Media DeathWatch™)

    06/07/2008 1:03:39 PM PDT · by abb · 21 replies · 339+ views
    The New York Times ^ | June 8, 2008 | DAVID M. HALBFINGER
    ON a Thursday morning last month, hundreds of Metro-Goldwyn-Mayer workers filed out of the studio’s Century City office tower and into a movie theater across the street. snip But MGM is choking on $3.7 billion in debt, forcing it to cough up more than $300 million in annual interest payments while it delays paying down the principal, its financial statements show. snip For the fiscal year ended in March, MGM lost about $400 million; it lost about the same amount a year earlier. snip ...Mr. Sloan’s team still had other cards to play — like forging a partnership with Tom...
  • VEGAS BILLIONAIRE SELLS MGM STAKE TO DUBAI ROYAL FAMILY

    08/25/2007 2:22:10 PM PDT · by Issaquahking · 42 replies · 2,246+ views
    Vegas Luxe Life with Robin Leach ^ | Wednesday, August 22nd, 2007 at 9:13 am | Vegas Luxe Life with Robin Leach
    Billionaire Kirk Kerkorian and MGM’s Board of Directors are expected to announce today (WED) that certain members of the Royal Family of Dubai- a Mid-East oil-rich kingdom - are buying into MGM Mirage and its $7-billion City Center hotel-condo complex. My Wall Street sources are abuzz this morning saying the multi-billion dollar deals signal the next phase of corporate takeovers and foreign investment into the booming Vegas gaming and hospitality business.Kirkorian’s company, Tracinda that owns his share of MGM is reducing his stake from 54.15% to 51.65% in the transaction and Wall Street believes that Dubai World will ultimately buy...
  • The Big Push: Save Stargate SG-1

    09/01/2006 2:26:55 PM PDT · by The Blitherer · 9 replies · 569+ views
    This is an email I recieved from the SaveStargateSG1.com website. For those of you who don't know the show, it has been airing for 10 seasons and recently passed the 200 episode landmark. This current season is actually very intriguing because it has introduced a new villian that acts in very similar ways to the Islamofacists. Though there was no provocation, this new villian has just sent its armies to our galaxy to either convert (to the "one true religion") or kill every living thing. The SciFi station recently showed its contempt for the fans of this show, who give...
  • Molehills And Mountains

    04/26/2006 1:24:06 PM PDT · by Dr.Syn · 5 replies · 635+ views
    dansargis.org ^ | April 26, 2006 | Dan Sargis
      Molehills And MountainsApril 27, 2006 The New York Times never held a hand of race cards that it didn’t like to play.  That is, of course, as long as the race cards were the right color.  Welcome to the NY Slimes’ fantasyland of Bizarro-Apartheid.  You know...that pharisaical world where white transgressions are mountains and all others are but a molehill. And speaking of molehills...the Slimes is certainly making much ado about nothing out of the Duke University lacrosse team’s situation.  As the entire universe is now aware, three “white” Duke laxers “raped” a “black” stripper...uh, I mean...” a 27-year-old single mother,...
  • MGM GRAND CASE: Two more held in beating Police arrest second teen, juvenile after raid

    04/22/2006 8:40:45 AM PDT · by ConservativeStatement · 11 replies · 681+ views
    Las Vegas Review-Journal ^ | April 22, 2006 | Mike Kalil
    Police made two more arrests Friday in the MGM Grand group beating case, after a massive late-night SWAT raid at the home of the first teen charged in the attack. Demarcus Smith, 18, and a teenager whose name was not released because he is a juvenile were taken into custody shortly after midnight, Las Vegas police said. Smith remained jailed at the Clark County Detention Center late Friday.
  • Police release video seeking Las Vegas casino worker's attackers

    04/18/2006 11:02:14 AM PDT · by ConservativeStatement · 38 replies · 2,348+ views
    AP ^ | April 18, 2006
    LAS VEGAS (AP) - Police released a videotape showing a casino employee being mauled by a group of youths near an entrance to a Las Vegas Strip resort parking garage, and issued a plea for help identifying the assailants. A surveillance video of the 2:20 a.m. Saturday attack, released Monday, shows the man leaving a golf cart and being punched, hit with a belt or chain, beaten and kicked after he falls to the ground in a driveway at the MGM Grand hotel-casino. The victim, whose name and age were not released, suffered a broken jaw and a broken collarbone,...
  • Supreme Court Rules Against Grokster

    06/27/2005 12:05:20 PM PDT · by antiRepublicrat · 14 replies · 660+ views
    PCWorld ^ | Monday, June 27, 2005 | Juan Carlos Perez and Grant Gross
    Grokster and StreamCast Networks can be held liable for copyright infringements committed by users of their peer-to-peer file-sharing software, the U.S. Supreme Court ruled on Monday. The decision in the case Grokster v. MGM is a major win for the motion picture and recording industries, which took the case to the nation's highest court after losing in lower courts over the past two years or so. Lawyers for the plaintiffs--Motion Picture Association of America, the National Music Publisher's Association of America, and the Recording Industry Association of America--asked the court to recognize that the Grokster and StreamCast's Morpheus P-to-P (peer-to-peer)...
  • Sony Completes MGM Takeover Bid

    04/10/2005 1:29:12 PM PDT · by kiriath_jearim · 2 replies · 285+ views
    BBC ^ | 4/9/05 | n/a
    Saturday, 9 April, 2005, 15:35 GMT 16:35 UK Sony completes MGM takeover bid MGM was Hollywood's last major independent studio The sale of Hollywood studio Metro-Goldwyn-Mayer to Japan's Sony Corporation has been completed. Sony paid around $2.9bn (£1.5bn) cash for the studio, and also assumed MGM debts of around $1.9bn (£1bn). The deal gives Sony access to MGM's library of over 4,000 films, which they plan to use for video-on-demand services and new cable channels. MGM, best known in recent years for the James Bond films, was the last major independent studio in Hollywood. Golden Age It was founded in...
  • James Bond 21 Is Casino Royale

    02/04/2005 10:48:31 PM PST · by r5boston · 28 replies · 1,237+ views
    MI6.co.uk ^ | 01/03/2005 | Staff
    MI6 can confirm that the 21st James Bond film will be titled "Casino Royale" and will be directed by Martin Campbell. Eon Productions officially announced the news in a press release today. ....... CASINO ROYALE will be released in 2006 and distributed world-wide by MGM. No decision has yet been made regarding casting for the role of ‘James Bond’.
  • Book Review: "Media Man" by Ken Auletta -- From Network to Nowhere (Ted Turner)

    10/21/2004 2:14:54 PM PDT · by OESY · 5 replies · 549+ views
    Wall Street Journal ^ | October 21, 2004 | NOAH OPPENHEIM
    While Ted Turner was in college, his father wrote him a letter that concluded: "I think you are rapidly becoming a jackass." Anyone who has watched the eccentric billionaire over the years might be inclined to admire Dad's prescience.... Far from self-made, Mr. Turner inherited a large billboard business when his father, with whom he had a troubled relationship, committed suicide.... He had been less lucky in 1985 when, without consulting his board, he bought MGM for $1.5 billion. He overpaid and was drowning in debt. Three months later he sold the studio back at a discount. More damaging, he...
  • Ban MGM/UA over Kinsey Film! (Hollywood Sinks to New Lows)

    08/16/2004 1:41:18 PM PDT · by Pyro7480 · 33 replies · 2,862+ views
    myself, after seeing EW Fall Movie Preview | 8/16/2004 | Pyro7480
    This November, MGM/UA will be releasing a movie based on the life of Alfred Kinsey, an "academic" who released two "studies," Sexual Behavior in the Human Male, and Sexual Behavior in the Human Female, which legitimized the sexual revolution in the 1960s, and is still being used to legitimize sexually perverted behavior. Kinsey himself was a sexual pervert himself, being a homosexual, a probable pedophile, and a S&M freak. In Entertainment Weekly's fall movie preview, the movie is previewed. Liam Neeson plays Kinsey, and from the companion picture, Neeson indeed looks like Kinsey. The director and producer, Bill Condon, describes...
  • Harrah's to Buy Caesars in $5.2B Deal (Duopoly on the LV Strip)

    07/15/2004 10:04:04 AM PDT · by mkj6080 · 15 replies · 595+ views
    AP ^ | 7/15/2004 | ADAM GOLDMAN
    Harrah's Entertainment Inc. is buying Caesars Entertainment Inc. (CZR) for about $5.2 billion in cash and stock in a deal that would create the largest gambling company in the world. The deal announced Thursday eclipses last month's high-profile MGM Mirage merger with Mandalay Resort Group (MBG) while setting up a battle for customers on the lucrative Las Vegas Strip. A source familiar with the deal, speaking on condition of anonymity, said Harrah's and Caesars began negotiating after MGM Mirage completed its deal last month to buy Mandalay for $4.8 billion in cash... Both deals will face intense scrutiny from federal...
  • New film mocks Christianity

    05/13/2004 5:33:35 PM PDT · by wagglebee · 4 replies · 70+ views
    WorldNetDaily ^ | 5/13/04 | WorldNetDaily
    A noted movie critic says the new film "Saved!" is a sad, bigoted, anti-Christian movie that mocks the Christian faith. Ted Baehr, the founder of the Christian Film & Television Commission™ ministry has come out swinging against the MGM movie, according to Assist News Service. The film is slated to be released May 28. "'SAVED!' is a hateful, politically correct movie," Baehr declared. "It is being heavily marketed to the community it mocks to lead Christian youth astray and make them resent their own faith." The movie, which stars Mandy Moore and Macaulay Culkin, tells the story about self-righteous Christian...
  • Broadway Lyricist Adolph Green Dies at 87

    10/24/2002 10:07:26 AM PDT · by GeneD · 6 replies · 267+ views
    NEW YORK (AP) -- Adolph Green, whose six-decade collaboration with Betty Comden helped create such joyous stage celebrations of New York as ``On the Town'' and ``Wonderful Town'' as well as the classic movie musical ``Singin' in the Rain,'' has died. He was 87. Green died at his Manhattan home Wednesday night, his son, Adam, said Thursday. On Broadway, Comden and Green (the billing was always alphabetical) worked most successfully with composers Leonard Bernstein, Jule Styne and Cy Coleman. The duo wrote lyrics and often the books for more than a dozen shows, many of them built around such stars...