I was out all day during which MGM released its announcement that Harry Sloan has signed a new 3-year deal to continue as the studio’s chairman/CEO. Sloan, who joined the studio in 2005, said: “To create another page in the storied history of MGM is the most exciting challenge I’ve had in my career. With the support of the MGM Board, we’ve been able to make significant progress and I believe the next three years will be a testament to the power, passion and creative vision of our new management team. I look forward to working with the members of the MGM Board to deliver on MGM’s promise and its future expansion plans.” But I’d much rather know exactly where MGM’s money is coming from to, as it says, ”rebuild the studio as a full fledged production and distribution operation”. Guess I’m just funny that way.






If MGM rebrands itself to equity partners as the “place where you won’t get screwed” they should be able to attract some money. But that would take a major overhaul of how a studio does business right down to the core of the business model. A lot of the investment folks are casting a hairy eyeball askance at most of the major companies lately.
Or he’s going to get it from India like Dreamworks. To paraphrase Ned Beatty’s preaching in “Network”- They have taken billions of dollars out of this country and now they must put it back. It is ebb and flow, tidal gravity, it is ecological balance.
give it a rest, will you.
What this company needs most is a brand new line-up of fresh and original movies and not the usual watered-down remakes of classics from its catalogue. And one or two franchises.
I don’t remember the last time I’ve seen a movie from MGM except on DVD or on our french cultural TV channel (CASINO what?) That’s unfortunate, as a movie buff and film journalist, I’ve some kind affection for the name and for Leo.
Lol, I like the first comment, so true!!!
why are you so concerned about where the money is coming from? the thing to focus on is that they are taking a company that was previously nothing more than a library and bringing life back into it…and i’d say the success of their tv division, not to mention the hire of mary parent, is not a bad start for sloan