The Hobbit

MGM’s only remaining movie now that Bond 23 and The Hobbit are on hold has been postponed from a November release according to the LA Times. Red Dawn is a remake from the 1980s and the first to be directed by Dan Bradley, second unit director on Quantum of Solace. Although principal photography has already [...]

MGM’s steering committee has presented a plan to creditors to go it alone after bids came in disappointingly low.

Friday 19th March is the deadline for bids for troubled studio MGM. Six bidders were invited to take part, including Time Warner and Lionsgate, although it appears that two others – Liberty Media Corp. and hedge fund Elliott Management Corp. – have withdrawn. While pre-production on Bond 23 was put on hold until the auction [...]