ID :
100588
Sun, 01/17/2010 - 02:45
Auther :
Shortlink :
https://www.oananews.org//node/100588
The shortlink copeid
AMBANI-MGM 2 LST
The acquisition of MGM would bring one of Hollywood's
greatest film libraries under his control and land a series of
likely box office hits over the next three years, the report
said. MGM will release a new James Bond film in 2011, starring
Daniel Craig, and two Hobbit films starring Sir Ian McKellen.
According to the report, MGM needs a buyer to avoid
potential bankruptcy later this year when a series of debts
must be repaid. Its current consortium of owners is asking for
bids beyond USD 2 billion, but debts of USD 3.7 billion mean
it is likely to be sold for a lower figure. PTI
greatest film libraries under his control and land a series of
likely box office hits over the next three years, the report
said. MGM will release a new James Bond film in 2011, starring
Daniel Craig, and two Hobbit films starring Sir Ian McKellen.
According to the report, MGM needs a buyer to avoid
potential bankruptcy later this year when a series of debts
must be repaid. Its current consortium of owners is asking for
bids beyond USD 2 billion, but debts of USD 3.7 billion mean
it is likely to be sold for a lower figure. PTI
