Lions Gate Said to Approach MGM Studio Creditors on Purchase [BusinessWeek]

July 14th, 2010 by

According to an article in BusinessWeek, Lions Gate Entertainment has approached MGM’s creditors with the aim of acquiring the studio, although they will need the approval of Carl Icahn, the Lions Gate’s largest shareholder.The article notes: “Any agreement to buy Los Angeles-based MGM would have to be approved by Carl Icahn, Lions Gate’s largest shareholder. […]

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Hotel Cala Di Volpe

July 12th, 2010 by

James Bond arrives in Sardinia in The Spy Who Loved Me, where he and Anya Amasova – agent XXX of the KGB – check into Hotel Cala di Volpe on the Costa Smeralda. After visiting the base of Stromberg they are chased by his henchmen, culminating in Bond driving his Lotus Esprit into the water, […]

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Bond 23 Has NOT been Axed

July 8th, 2010 by

Reports have appeared in the press over the last few days stating that Bond 23 had been cancelled. The Mirror and other newspapers reported that production had been axed entirely, and the story quickly spread across the globe. However, the story is entirely without foundation; production remains suspended indefinitely while the problems stemming from MGMs […]

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MGM prolongs drama [Variety]

July 3rd, 2010 by

Variety reports that MGM is likely to ask its debtholders for another repayment extension next week when the current extension expires. Its fifth extension was granted on May 13th and runs through until July 14th. The article goes on to note: “During recent weeks, MGM’s believed to have met informally with top execs from Lionsgate, […]

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