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Spyglass Focused On Running MGM?

June 22, 2010 at 3:37 am by DiveTwin  - 

According to the Wall Street Journal, Spyglass Entertainment has emerged as the leading contender to run Metro-Goldwyn-Mayer Inc., according to people familiar with the matter.  The beleaguered film studio races to restructure a roughly $4 billion debt load this summer.

Spyglass co-heads Gary Barber and Roger Birnbaum would run the studio as co-chief executives under a plan being discussed with MGM’s creditors, these people said.

Deadline.com has a similar story also filled with conjecture and word-on-the-street information but they don’t require a subscription so you can read the whole story here.

Posted in Hobbit Movie, MGM, Studios, The Hobbit on June 22, 2010 by Source: Wall Street Journal Spyglass Focused On Running MGM? | Discuss