Saturday, October 30, 2010

Link to Broke MGM Story

Troubles at the studio that brought you the Merry Old Land of Oz.

4 comments:

takineko said...

... well... that's kind of sad...

SquirrelyWrath said...

I thought MGM was bought out by Disney a long time ago. WB owned it at one point to. I thought that was how Ted got distribution rights to the MGM toons.

Craig "Voiceroy" Crumpton said...

At least it's an attempt at a reorg and not a final liquidation Chapter 7 kind of thing. However, $4 billion is a staggering amount of debt to try to recover from.

JP Mac said...

They may have sold just their film catalog.

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