MGM Exploring Its Options
Friday’s announcement that MGM would explore a possible sale, merger or remain as a stand-alone was met by a combination of skepticism and resignation in Hollywood. As the studio takes a first step...
View ArticleParamount Unit To Finance ‘Micro-Budget’ Movies
Fresh off the stunning success of "Paranormal Activity" — a $15,000 thriller that has grossed more than $107 million in domestic release despite little paid advertising — Paramount Pictures is set to...
View ArticleTeamster Talks Heat Up In Hollywood
The transportation union could walk out of Hollywood’s TV and film productions if it does not reach an agreement for a new contract with studios by an Aug. 1 deadline. Producers worry that a Teamsters...
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