Ringer Tim alerts us to an update on Deadline that confirms Spyglass partners Gary Barber and Roger Birnbaum are now officially MGM’s new chairmen and CEO’s.  In addition, there is an MGM press release attached to the blog reviewing the reorganization efforts.

Stay tuned to TORN for any breaking news as updates continue to come out.  One more step towards an expected announcement (and not-so-unexpected party among TORN members) regarding an official green light for The Hobbit!

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