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MGM/UA

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    MGM Catches Reprieve from Lenders, Part Deux

    For the second time, MGM is catching a break from its lenders, as the venerable studio officially goes on the block. It has been fighting to stay in business, while keeping up with even the interest owed on its staggering $3.7-billion debt. So far MGM has avoided being forced into bankruptcy by its ...

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    Epix Launches October 30

    When I first heard that three studios--Lionsgate, MGM and Paramount--were bypassing pay-TV deals in favor of a new online streaming venture, I thought the new distribution order was at hand. While the other studios were still hung up on the old ancillary paradigm, this gang was skipping windows and ...

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    MGM Catches Reprieve from Lenders

    MGM has been under serious duress as it attempts to stay in business, while keeping up with even the interest owed on its staggering $3.7-billion debt. While the following statement indicates that the company will be relieved of three interest payments, there are miles to go before MGM comes out in ...

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    Hollywood Health Report

    Each day brings more news of a troubled company needing debt restructuring or a management overhaul. The Weinstein Co. and MGM are just the latest examples. All the studios face pressure from their corporate parents in a grim recession amid declining ad and DVD revenues. Sales are down across the bo...

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