mgmlogosmall.jpgWhere in heck is all the money supposedly coming from to fund this beleaguered studio’s “renewed” movie slate? No one seems to know. Nevertheless, MGM announced today that it has named Cale Boyter as executive VP of production. He’s billed as MGM’s new mogul Mary Parent’s first senior hire. (See my previous, Desperate MGM Studios Throws Hail Mary.) A veteran at New Line for the last 10 years, Boyter recently served as New Line’s executive VP of development.

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