Investor Carl Icahn has thrown another spanner in the works that will hold off the impending chapter 11 bankruptcy of MGM for a while longer. According to an article in the Hollywood Reporter bankruptcy is unlikely now to be filed until mid-week. Icahn has asked that more than a dozen Spyglass film-library titles be removed…
Forbes magazine have reported that MGM creditors have decided to move the company into chapter 11 bankruptcy, rather than let investor Karl Icahan move on in. This means that MGM, who owns the rights to The Hobbit and the James Bond franchise “will have about a month to get its house in order and all…
New Line/Warner Bros. have agreed to keep the filming of The Hobbit films in New Zealand after the government agreed to give the movie’s backers an extra $34 million of tax payers money, plus an undertaking to *rush through changes to labour legislation ‘under urgency ‘ to clarify the position of contractors working on film…
E2NZ.org 