MGM For Sale!

MGM is up for grabs, people!

Within the next few weeks, MGM's film library and their famous logo are likely to be for sale. The library contains 4,000 titles!

Time Warner is expected to bid on the library, but it's believed that Kirk Kekorian, who has bought and sold MGM twice, will buy the logo again. Pre-packaged bankruptcy is also a viable option for the company.

MGM only released that shiteous Fame remake this year!

No wonder the company isn't doing well!

[Image via AP Images.]

Posted: Nov 12, 2009 at 11:59 am / Email this »

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10 comments to “MGM For Sale!”

Tell her today... says – reply to this

1

Their Library is worthless. Turner and Time Warner own the best titles. A buyer would also be purchasing MGM's debt, which is considerable.
ashleyg says – reply to this

2

mgm is bankrupt because of city center.. do your research
jadesadge says – reply to this

3

Is it just me or is there soemthing wrong with the lion in the logo? he looks more like that bear from jungle book.
furiousfelinefuries says – reply to this

4

I have about 2k in my banking account…can I buy it with that?
Emma Watson Forever-Medieval Poetry says – reply to this

5

Re: furiousfelinefuries –

Considering the state of the company, I wouldn't be surprised if you could.
Bushwack says – reply to this

6

Does TOM CRUISE have a significant monetary stake in MGM?
Salberto says – reply to this

7

Since all you do is take other people's stories, was wondering if you actually understood the term, "pre-packaged bankruptcy." [pause] Yeah, didn't think so.
canderson says – reply to this

8

Shame, they made some pretty good musicals back in its heyday
stellagranos says – reply to this

9

Hey Perez, since you know so much about show-biz issues, why don't you explain to all of us what 'pre-packaged bankruptcy' is, in detail? Thanks.
PreyToYou says – reply to this

10

I guess they didn't work out too well for Sony.