Leaks Reveal New MGM Management Emerging
Finally some movement forward. Dare we call this good news?
.
Leaks/rumors identify Spyglass co-heads Gary Barber and Roger Bimbaum as the new possible heads for MGM.
.
This will involve a merger of the two studios. Spyglass is attractive for two reasons. One because it is much smaller (than other potential merger partners) the equity left to the core group of controlling creditors will be larger. And, two because their proposal had less of an emphasis on big expensive films, instead relying on more low budget films, which means less of a need to raise more debt to pursue expensive risky franchise opportunities (likely to end up in bankruptcy all over again).
.
Left unsaid, but implied is that if they go this mix route of low and high budget films then they are going to sell their rights to one or both of the big ‘opportunities’ (Hobbitt and Bond) to raise the cash needed to move forward.
.
Hopefully somewhere in here among the ‘low budget’ films to be made is at least one more for the Dead Like Me franchise. Hopefully they get it right this time.
July 12th, 2010 at 9:18 am
Bring this show back!!!!!!!!!!
July 19th, 2010 at 10:04 am
Never should have cancelled the show…MAKE THE MOVIE!!!!!!!!!!!!!!!
July 30th, 2010 at 11:50 am
Such a good show!