Get your tickets to Tolkien today!
Join us in our forums!
Check out on Twitter!
Join us on Instagram

Latest Tweets

  1. If there's only one thing that twitter can agree on is that LORD OF THE RINGS is helping everyone get through this pandemic.

  2. Tomorrow night, let's return to the Lonely Mountain #OneLastTime Hobbit: Battle of the Five Armies soundtrack com…

  3. Fandom has always wielded immense power as a set of checks & balances

News Alerts

Get emailed with every new post!

Spyglass Signs Letter Of Intent To Manage MGM

September 8, 2010 at 2:18 pm by DiveTwin  - 

The Los Angeles Times reports today that Gary Barber and Roger Birnbaum, founders of Spyglass Entertainment, have signed a non-binding letter of intent to manage MGM, according to familiar sources.  They are also discussing a Chief Operating Officer position for veteran Hollywood executive Ken Schapiro. 

They write: “Schapiro is partnered with Amir Malin in private media investment fund Qualia Capital, which earlier this year proposed restructuring MGM with a $500 -million cash infusion to keep the studio alive as a scaled-back operation.”   The Hobbit production would need such an infusion of cash to get off the ground. 

There is more issues to consider before the deal can be approved and MGM’s sixth forebearance date (September 15th) is looming.  Read the entire story here.

Posted in Hobbit Movie, MGM, Studios, The Hobbit, Uncategorized on September 8, 2010 by Source: Los Angeles Times
Check out the Bilbo Contract from WETA Workshop

Leave a Reply