Not long ago, we told you about MGM’s impending financial crisis which threatened the life of the company, as well as the franchises that MGM holds. It seems that the situation has only gotten more dire for the studio: Variety is reporting that they will essentially be auctioning off all of their assets within the [...]

A week or so ago we reported on the financial crisis facing Metro Goldwyn Mayer that threatened to knock Guillermo Del Toro’s The Hobbit off its axis. It looked like a tricky doomsday scenario for the studio, but we’re happy to report that MGM is safe, for now.
According to a brief Variety report, the studio [...]