Latest Metro-Goldwyn-Mayer Inc. Stories
LOS ANGELES, Nov. 12, 2012 /PRNewswire/ -- IMAX Corporation (NYSE:IMAX; TSX:IMX), Albert R. Broccoli's EON Productions, Metro-Goldwyn-Mayer Studios, and Sony Pictures Entertainment today announced that SKYFALL(TM) has grossed an estimated $12.75 million in 320 IMAX® theatres in North America, resulting in an IMAX per-screen average of approximately $40,000. SKYFALL's weekend gross marks IMAX's best-ever opening, exclusive of those occurring during the summer months. Overall, the...
NEW YORK, Oct. 16, 2012 /PRNewswire/ -- Sony Classical announces the release of the Original Motion Picture Soundtrack of SKYFALL(TM) on November 6, 2012, consisting of original music written by leading film composer Thomas Newman. From Albert R. Broccoli's EON Productions, Metro-Goldwyn-Mayer Studios and Sony Pictures Entertainment, the film is the 23(rd) James Bond adventure and coincides with the 50(th) anniversary of the James Bond film franchise. SKYFALL(TM) also marks the...
LOS ANGELES, Jan. 11, 2011 /PRNewswire/ -- Michael G. Wilson and Barbara Broccoli of EON Productions, together with Gary Barber and Roger Birnbaum, Co-Chairmen and Chief Executive Officers of Metro-Goldwyn-Mayer Inc., today announced that the 23rd James Bond film will commence production in late 2011 for a worldwide release on November 9, 2012. Daniel Craig will be returning as the legendary British secret agent, with Sam Mendes directing a screenplay written by Neal Purvis, Robert Wade and...
LOS ANGELES, Dec. 20, 2010 /PRNewswire/ -- Metro-Goldwyn-Mayer Inc. ("MGM") today announced that the company's restructuring has become effective, with exit financing of $500 million in place. The company's "pre-packaged" plan of reorganization (the "Plan") was confirmed on December 2, 2010, by the U.S. Bankruptcy Court for the Southern District of New York. (Photo: http://photos.prnewswire.com/prnh/20101220/NY20237 ) "MGM is emerging from one of the most challenging periods of its storied...
LOS ANGELES, Dec. 2, 2010 /PRNewswire/ -- Metro-Goldwyn-Mayer Inc. ("MGM") today announced that the U.S. Bankruptcy Court for the Southern District of New York (the "Court") has approved the company's "pre-packaged" plan of reorganization (the "Plan"), clearing the way for MGM and its subsidiaries to emerge from Chapter 11 in short order. In confirming the Plan, Judge Stuart M. Bernstein found that it satisfied the various requirements of the U.S. Bankruptcy Code. "Today's ruling is an...
LOS ANGELES, Nov. 4, 2010 /PRNewswire/ -- Metro-Goldwyn-Mayer Inc. ("MGM") today announced that the U.S. Bankruptcy Court for the Southern District of New York has granted approval of MGM's "First Day Motions" as part of the Company's voluntary filing for reorganization under Chapter 11 of the U.S. Bankruptcy Code. Approval of these motions will help MGM to continue to operate in the ordinary course of business during the reorganization process. Among the first day motions granted today,...
LOS ANGELES, Nov. 3, 2010 /PRNewswire/ -- Metro-Goldwyn-Mayer Inc. ("MGM") today announced that it and approximately 160 of its affiliates have filed Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of New York (the "Court") to seek confirmation of their "pre-packaged" plan of reorganization ("Plan"). MGM has sufficient cash on hand, and the consent of its lenders to use this cash, to fund normal business operations throughout the Chapter 11 process. MGM has filed...
LOS ANGELES, Oct. 29 /PRNewswire/ -- Metro-Goldwyn-Mayer Inc. ("MGM") today announced that the secured lenders voting in the Company's solicitation process have overwhelmingly approved its proposed plan of reorganization ("Plan"). MGM will now move expeditiously to implement that Plan, which will dramatically reduce its debt load and put the Company in a strong position to execute its business strategy. MGM is appreciative of the lenders' support. About Metro-Goldwyn-Mayer Studios Inc....
NEW YORK, Oct. 21 /PRNewswire/ -- Carl Icahn today announced that his affiliated entities are providing a unique opportunity to the holders of Metro-Goldwyn-Mayer Inc. ("MGM") senior secured loans (the "Senior Loans"). The offer will give participating holders of Senior Loans the right to keep the upside on their MGM position, if there is one, without taking risk on the downside. Under the Icahn offer participating lenders will obtain the right to put Senior Loans to Icahn entities, at a...
LOS ANGELES, Oct. 15 /PRNewswire/ -- Metro-Goldwyn-Mayer Inc. (MGM), today distributed a supplement to the solicitation package that was originally distributed to MGM's secured lenders on October 7, 2010. The supplement contains additional details to the Company's financial information included in the original solicitation materials. In order to provide lenders sufficient time to review the supplemental information, MGM has extended the voting deadline by one week to 5:00 PM ET on October...
