Topic - Metro-Goldwyn-Mayer Inc.

Metro-Goldwyn-Mayer Inc., or MGM, is an American media company, involved primarily in the production and distribution of films and television programs. MGM was founded in 1924 when the entertainment entrepreneur Marcus Loew gained control of Metro Pictures, Goldwyn Pictures Corporation and Louis B. Mayer Pictures. - Source: Wikipedia

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  • FILE - This 1980 undated handout file photo shows Robert De Niro as Jake La Motta in a boxing scene from Martin Scorsese's film "Raging Bull."  The Supreme Court ruled Monday that a copyright dispute over the 1980 Oscar-winning movie "Raging Bull" can go another round in court. The justices said in a 6-3 decision that Paula Petrella, daughter of the late screenwriter Frank Petrella, did not wait too long to file her lawsuit against Metro-Goldwyn-Mayer claiming an interest in the film. (AP Photo, File)

    Supreme Court revives 'Raging Bull' lawsuit

    The Supreme Court ruled Monday that a copyright lawsuit over the 1980 Oscar-winning movie "Raging Bull" can go forward, a decision that could open Hollywood studios to more claims from people seeking a share of profits from classic films and TV shows.

  • Justices hear appeal over 'Raging Bull'

    The Supreme Court was pondering Tuesday whether the daughter of the man whose work was the basis of the Oscar-winning movie "Raging Bull" should go another round with a major movie studio over copyright infringement for ownership of boxer Jake LaMotta's life story.

  • Correction: Bond at 50-Franchise story

    In an Oct. 3 story about the James Bond franchise, The Associated Press erroneously reported that all of MGM's owners booked a loss on $5 billion in loans to the studio backing the franchise. In fact, whether the owners gain or lose in the deal will depend on how much they can reap from their ownership stakes and for how much they obtain the bonds.

  • Bond movies have beat do-or-die odds for 50 years

    Over the last 50 years, the owners of the James Bond movie franchise have had heart-stopping crises as thrilling as the ones that face their fictional secret agent.

  • Slimmer MGM studio completes restructuring

    Metro-Goldwyn-Mayer Inc. took a near-final step to emerging from bankruptcy on Monday as a slimmer studio that has a lot of its future riding on "The Hobbit" two-part movie series.

  • MGM studio says court OKs pre-packaged bankruptcy

    Troubled movie studio Metro-Goldwyn-Mayer Inc. said Thursday that a federal bankruptcy court has approved a prepackaged bankruptcy plan in which its lenders will exchange nearly $5 billion in debt for ownership of the company responsible for half of "The Hobbit" movies. The two-part series is to go into production in February.

  • 'Hobbit' money sought as MGM files for bankruptcy

    Hollywood studio Metro-Goldwyn-Mayer Inc., the home of James Bond, filed for bankruptcy protection on Wednesday in a plan that had the backing of its lenders and put funding of its half of "The Hobbit" back on track.

  • MGM says creditors approve Spyglass merger

    Creditors of struggling Hollywood studio Metro-Goldwyn-Mayer Inc. have voted to approve a merger with Spyglass Entertainment, MGM said Friday.

  • Lions Gate: MGM merger would save $100M a year

    Boutique movie studio Lions Gate says its proposed merger with Metro-Goldwyn-Mayer would save more than $100 million a year in overhead and boost cash flow on top of that by more than $120 million over five years.

  • MGM studio prepares for prepackaged bankruptcy

    Metro-Goldwyn-Mayer Inc. said it has begun seeking its creditors' approval on a prepackaged bankruptcy plan in which they will exchange more than $4 billion in debt for equity in a new company that has rights to the James Bond franchise and the upcoming two-part movie series "The Hobbit."

  • MGM studio prepares for prepackaged bankruptcy

    Metro-Goldwyn-Mayer Inc. said Thursday that it has begun seeking its creditors' approval on a prepackaged bankruptcy plan in which they will exchange more than $4 billion in debt for equity in a new company that has rights to the James Bond franchise and the upcoming two-part movie series "The Hobbit."

  • MGM studio prepares for pre-packaged bankruptcy

    Metro-Goldwyn-Mayer Inc. says it has begun sending out ballots to its more than 100 creditors seeking approval of a pre-packaged bankruptcy that would have them exchange more than $4 billion in debt for equity in most of the new company.

  • FILE - This Jan. 29, 2010 file photo, shows the company logo and view of Netflix headquarters in Los Gatos, Calif. Netflix Inc. has reached a multiyear agreement Tuesday, Aug. 10, 2010, to stream movies from Paramount, Lionsgate and MGM online starting Sept. 1. It's a major move as Netflix looks to cater to people who want to watch movies instantly. (AP Photo/Marcio Jose Sanchez, file)

    Netflix to stream Paramount, Lionsgate, MGM movies

    Netflix Inc. will pay nearly $1 billion during the next five years for the online streaming rights to movies from Paramount, Lionsgate and MGM in a deal that could help convert even more people to the idea of getting their entertainment piped over high-speed Internet connections.

  • Metro-Goldwyn-Mayer gets another reprieve

    Struggling movie studio Metro-Goldwyn-Mayer Inc. said Wednesday that it has gotten another agreement from its creditors to delay taking action for its failure to make payments on its debt as it seeks a financial savior.

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