Events at MGM
MGM, owner of the ‘Dead Like Me’ franchise , has two major stakeholders at odds. On one side are the private equity firms that bought it several years ago and then put Sloan and some $3.7 bil in debt in place. On the other are the lenders of that debt, and the lenders, not unlike any good grim reaper, have a postit with the initials M-G-M and an ETD quickly approaching and are holding meeting discussing the collection. The stakes are high for fans of ‘Dead Like Me’ because depending on the outcome we may see some new DLM project sooner, or perhaps never again.
See the thread ‘MGM State of Financial Health’ inside the forum for more detail.