James Bond News

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 […]

Carl Icahn just doesnt seem to know when to call it a day, but then, perhaps that’s why he’s worth billions. According to an article published by Reuters yesterday: Billionaire investor Carl Icahn stepped up his fight for control of film studio Metro-Goldwyn-Mayer Inc on Thursday, offering to buy senior debt from creditors willing to […]

The latest video featuring scenes from 007: Blood Stone shows some impressive looking driving action in the Aston Martin DB5 and DBS. Click the play button below to see the action for yourself, or you can pre-order the game from Amazon now for home delivery (right). The video also includes interviews with the developers and […]

Metro-Goldwyn-Mayer Inc. (MGM), yesterday 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 […]

Carl C. Icahn released the following statement on October 12th: “We are holders of significant positions in both Lions Gate stock and MGM debt. Today, Lions Gate has made a proposal to combine these two companies. We believe that this combination of Lions Gate and MGM would enhance value for all constituencies and we believe […]

Metro-Goldwyn-Mayer Inc. (MGM) today announced that it has begun a solicitation of votes from its secured lenders for a pre-packaged plan of reorganization (the “Plan”). MGM expects to continue normal business operations throughout the restructuring process. The Plan provides for MGM’s employees, vendors, participants, guilds, and licensees to be unimpaired. The Plan provides for MGM’s […]

First nothing seems to be moving to resolve the crisis at MGM and then it all happens at once. First of all, Spyglass signed a letter of intent to take over the running of the studio; then Sahara entered the picture, with a bid that was rumoured to have the backing of Barbara Broccoli and […]

When two atomic bombs are stolen by SPECTRE  countdown begins to locate them before time is up; if a ransom is not paid then the warheads will be used against western targets and all available agents are scrambled into action. James Bond is sent to the Bahamas after spotting a link between pilot Francois Derval and […]

Subsequent to reporting a rumour earlier in the day that – James Bond Producers Said to Join Sahara Bid for MGM Studio – EON Productions has released a statement denying they had ever had any contact with Sahara India Pariwar. “EON Productions tonight confirmed they have never had any contact with Sahara India Pariwar and […]

Just when it looked like MGM’s future might be settled thanks to the potential deal with Spyglass that would take it into pre-packed bankruptcy, India’s Sahara decided to spoil the show with a $2 billion offer. However, it is now rumoured that there is more to this deal than meets the eye, with an article […]