MGM Bankrupt?

Share on Facebook posted 09-29-09 by Angelo D'Argenio

According to many news sites splattered across the Internet, MGM is bankrupt? Wait … really? Yeah, the big Metro Goldwyn Mayer has, supposedly, spoken to its bondholders and admitted that it is totally out of money, and the bondholders are, supposedly, OK with letting the ship sink, taking their cut, and going home. What does this mean for The Hobbit? What does this mean for James Bond? Nothing good, we can assure you. We will keep you updated as new developments come about. [Deadline Hollywood]

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