July 15th, 2010
by David Leigh
An article on Bondstars.com have announced the death of Alan Hume, who worked on The Spy Who Loved Me , For Your Eyes Only, Octopussy and A View To A Kill. “We are very sad to announce the death of veteran cinematographer Alan Hume. For those of you who were lucky to meet Alan at […]
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July 14th, 2010
by David Leigh
As expected, MGM’s lenders have agreed another debt extension according to The Wall Street Journal. “Metro-Goldwyn-Mayer Inc.’s lenders agreed to give the film studio until Sept. 15 to repay interest and principal due on its bank debt, MGM said.” Read “MGM Lenders Extend Debt, Interest Payment Deadline To Sept 15” on The Wall Street Journal
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July 14th, 2010
by David Leigh
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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July 8th, 2010
by David Leigh
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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July 3rd, 2010
by David Leigh
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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June 26th, 2010
by David Leigh
More on the ongoing story regarding a possible merger between MGM and Lions Gate from the man trying to take over the latter: “Billionaire Carl Icahn said on Friday that Lions Gate Entertainment Corp, the company he has sought to control in a hostile takeover, has problems and should avoid merging with financially troubled Metro-Goldwyn-Mayer.” […]
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June 24th, 2010
by David Leigh
According to an article in BusinessWeek published yesterday Lions Gate Entertainment Corp has held merger talks with troubled studio MGM. The article states: “No offer has been made, and Vancouver-based Lions Gate won’t be able to move ahead without backing from Icahn, the largest investor with a 32 percent stake, said the person, who requested […]
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June 23rd, 2010
by David Leigh
Collectors of James Bond memorabilia may be interested in a 1:1 replica of the Scaramanga’s golden gun from The Man With The Golden Gun. The replica is produced by Factory Entertainment and components have been cast and machine from metal and plated in 19 ct gold. Just like the original it can be assembled and […]
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June 22nd, 2010
by David Leigh
Spyglass Entertainment and MGM are reportedly in talks to complete a deal before the studio’s fifth debt waiver expires in mid-July. A third of MGM’s debt is now in the hands of a small group of hedge funds who are looking for a pre-packaged bankruptcy in which they would take control. Having agreed to this […]
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June 20th, 2010
by David Leigh
While the future of Bond 23 is currently uncertain, Activision confirmed details this week of the long rumoured release of GoldenEye 007 for Wii. The original version for Nintendo 64 it sold eight million copies worldwide and defined multi-player gaming for a whole generation. Originally released in 1997, it has long been regarded as a […]
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