{"id":77195,"date":"2013-08-16T08:51:21","date_gmt":"2013-08-16T13:51:21","guid":{"rendered":"http:\/\/www.theonering.net\/torwp\/?p=77195"},"modified":"2013-08-16T08:51:21","modified_gmt":"2013-08-16T13:51:21","slug":"mgm-reports-growth-thanks-to-the-hobbit","status":"publish","type":"post","link":"https:\/\/www.theonering.net\/torwp\/2013\/08\/16\/77195-mgm-reports-growth-thanks-to-the-hobbit\/","title":{"rendered":"MGM reports growth thanks to ‘The Hobbit’"},"content":{"rendered":"

\"225px-The_Hobbit_(1937)\"<\/a>MGM is reporting growth, thanks in part to ‘The Hobbit: The Unexpected Journey.<\/em>‘ The privately held studio says that revenues were up across all of its core businesses, but singled out contributions from the international release of home videos for The Hobbit: An Unexpected Journey<\/em> and the James Bond film Skyfall<\/em>.<\/p>\n

The year over year results are slightly skewed by the $55.7M it recorded from a television asset sale in 2012. With that included, net income came in at $35.9M, -16% vs the period last year, on revenues of $339M, +164%. Without the asset sale, net income would have been up $30M in Q2<\/p>\n

[Read More]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

MGM is reporting growth, thanks in part to ‘The Hobbit: The Unexpected Journey.‘ The privately held studio says…<\/p>\n","protected":false},"author":14907,"featured_media":77200,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4,1156,498,148,1636],"tags":[357,2898],"class_list":["post-77195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hobbit-movie","category-mgm-production-studios-production","category-production-studios","category-hobbit","category-the-hobbit-an-unexpected-journey","tag-mgm","tag-the-hobbit-an-unexpected-journey"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t