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MGM To Fund UA And…’The Hobbit’?

February 28, 2007 at 2:28 pm by xoanon  - 

BOSTON (Reuters) – Metro-Goldwyn-Mayer Inc. is raising hundreds of millions of dollars to produce sequels to some of its most popular films, such as The Terminator and The Pink Panther, at a time Wall Street investors are eager to pay for movie making in Hollywood, the company’s chairman said…”We are putting together a fund to finance our franchise movies — James Bond, The Pink Panther, The Terminator and The Hobbit,” MGM Chairman Harry Sloan told reporters, explaining the financing may be raised in more than one single fund. [More]

Posted in Hobbit Movie, Old Main News, The Hobbit on February 28, 2007 by

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