MGM’s Price May Be Right For Jeff Bewkes

COMMENTS (11)

• TOLDJA!

  Though it is sad to think that the once great LIon of MGM will now be reduced to a ‘pod deal’ on the Warners lot it is important to remember Leo (the Lion) hasn’t exactly been a picture of health (financial or otherwise) the last few years. It’s not perfect but at least it ensures MGM won’t go the way of RKO.

  But put everything else aside and a Warners/MGM deal makes sense for everyone. The library is finally reunited and MGM’s franchises (what there is of them) such as Bond are a great fit for WB.

  With New Line (as a production label) and MGM (likely as some kind of glorified pod deal) both now absorbed by Warners my screen name (Warner Borg) is truer than ever.

  Such is modern Hollywood.

  Comment by Warner Borg — Friday February 12, 2010 @ 3:47am PST  Reply to this post

• Can Rupert Murdoch acquire Metro-Goldwyn-Mayer Studios (MGM)? Good thing Leo the Lion can’t get enough cash to cash in on MGM one of these days, as the most prolific Hollywood icon with a library of nearly 4,500 films could be nabbed by someone else – if any new film released by Leo the Lion could fetch as $1 million.

  Comment by The Gold Knight — Friday February 12, 2010 @ 5:19am PST  Reply to this post

• Crud. That’s too bad. I don’t see Time Warner leaving them as a stand alone. Why would they?

  Comment by Bummer — Friday February 12, 2010 @ 5:39am PST  Reply to this post

• Why? So Bewkes can lay everybody off and just keep the name … like he did for New Line Cinema? What an ass.

  Comment by Leonard — Friday February 12, 2010 @ 7:34am PST  Reply to this post

• Does this mean Daffy Duck will be the new James Bond???

  Comment by Mark — Friday February 12, 2010 @ 9:03am PST  Reply to this post

• Don’t know, Time Warner might be licking their wounds after Veoh declaring backruptcy after burning through $70 million (TW was one of the “smart” investors).

  Comment by splinter — Friday February 12, 2010 @ 9:57am PST  Reply to this post

• Who didn’t see this one coming 3,452 miles and 10 years away? Jeff “The Vacuum” Bewkes at it again. Gobble, gobble, gobble – scarf!

  Comment by bear — Friday February 12, 2010 @ 11:52am PST  Reply to this post

• This is such a bad idea. Everybody is pushing him to do something with his cash, but he needs to ignore them. The world economy is not out of the woods yet. There may soon come a day he wishes he still had the cash.

  Comment by KJ — Saturday February 13, 2010 @ 2:52am PST  Reply to this post

• TOLDJA!

  Though it is sad to think that the once great LIon of MGM will now be reduced to a ‘pod deal’ on the Warners lot it is important to remember Leo (the Lion) hasn’t exactly been a picture of health (financial or otherwise) the last few years. It’s not perfect but at least it ensures MGM won’t go the way of RKO.

  But put everything else aside and a Warners/MGM deal makes sense for everyone. The library is finally reunited and MGM’s franchises (what there is of them) such as Bond are a great fit for WB.

  With New Line (as a production label) and MGM (likely as some kind of glorified pod deal) both now absorbed by Warners my screen name (Warner Borg) is truer than ever.

  Such is modern Hollywood.

  Comment by Warner Borg — Saturday February 13, 2010 @ 3:37am PST  Reply to this post

• Ari, call your brother in Washington and get the FCC to put the kibosh on this. Agencies need as many buyers as possible.
  And then play hero and find another buyer for MGM, someone without a movie studio.

  Comment by Val — Monday February 15, 2010 @ 7:44pm PST  Reply to this post

• good news

  Comment by abercrombie jeans — Monday March 8, 2010 @ 10:53pm PST  Reply to this post