MGM – on its last roar
p2pnet news view Movies:- Leo, the famous MGM lion, roared his last some time ago and now Rests in Peace in Gillette, New Jersey.
Or not.
But wherever he is, he’s long gone. And now it looks as though the studio, in the hole to the tune of $3.7 billion, may itself may be on its way.
Now, among those “mentioned as potential candidates to buy MGM”, says BusinessWeek, are Warner Brothers, Fox and (appropriatey 
) Lions Gate.
The studios are “said to be primarily interested in getting their hands on MGM`s 4,000-title film library, the Bond franchise and MGM`s rights (along with Warner) to make the Lord of the Rings prequel The Hobbit”.
Other potentially interested buyers could be former News Corp. president Peter Chernin and one-time Yahoo CEO Terry Semel, a former Warner Brothers studio chairman, the story adds.
(Cheers, Andrew aka Comeoncomcast )
BusinessWeek – MGM Creditors May Press for an Auction, November 11, 2009
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November 15th, 2009 at 11:51 am
Nothing but sweet poetic justice for the Grokster case. Goodbye and good riddance, fuckheads!
November 16th, 2009 at 11:32 pm
Damn does this mean i won’t be able to purchase those Midnight Movies Starring vincent price and Peter lorre or Boris Karloff anymore ?
You mean all of those cheap horror movies directed by Roger Corman based on Edgar Allen Poe?
Or how about Midninght Movies Tales from the Crypt / Vault of horror 1972 ?
Bite your tongue boy and speak for yourself………….
I won’t be able to pirate them with Dvd Decrypter anymore and I did not have to shrink them with Dvd Shrink.
Not to mention all of those still unreleased on dvd Tex Avery cartoons……….