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It sounds like this is the guy who'll know where MGM's money is gonna come from. MGM today announced Bedi A. Singh, most recently the exec VP/CFO of Gemstar-TV Guide International Inc, has been named President, Finance and Administration & Chief Financial Officer of MGM, reporting directly to chairman/CEO Harry Sloan. In this newly created position, Singh takes on the overall responsibility for the company's financial activities. This includes oversight of the studio’s relationship with the banking and finance community as well as overseeing MGM’s strategic financial planning, plus other duties.
MGM Creates New Finance Prez/CFO Gig
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I think Mary Parent can do it even though the karma of this place just sucks!!!!
Hate much these days, “Can’t Take It”?
@Jack Burton – seen some of your comments and they are hate filled. That other commenter has a point.
C’mon, “Hot Tub” is MGM’s idea of reviving the lion?????
Movies now are always the aging promiscuous dude who relives his sleazy youth, or the young dewy-eyed female who finds her true love and gets married. Are we living in the 1950s still?
there’s a contraction in the business. mgm’s probably in no man’s land, not huge, not a small independent
it’s not like there’s not enough (bad) entertainment going around
so what’s this guy going to do, nothing personal against him
My advice to Bedi A. Singh: Keep It Simple.
There are just too many complications in film financial management these days, and it’s hurting the whole industry. Simplify, and everyone will be much happier.
I wish MGM good luck, and hope they can make that all important connection with the audience.
MGM’s size may be its saving grace.
It has the distribution capability to put films in theatres all over the world, it has backers with deep pockets and what appears to be a genuine interest in the company’s success, and, most importantly, it is small.
The majority of the studios operating today aren’t just big, they’re bloated. They’ve become Jabba the Hutt after a binge at an all you can eat BBQ, can’t respond quickly to changing trends, and have deeply ingrained and hidebound management cultures that are more concerned with how films play to their colleagues and rivals at the Malibu golf club than in Peoria.
MGM can reorganize itself into a lean, efficient organisation, and can become successful if it aims for the acceptance of the audience above everything else.