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MGM found money for the 23rd episode of Bond movie (Topic)

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MGM found money for the 23rd episode of Bond movie

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An American bankruptcy court has approved a final loan to MGM in the amount of $ 500 million. This is reported by the resource The Wrap with reference to the press release of the movie studio. This amount will allow the company not only to support its operational activities during the bankruptcy proceedings, but also to finance the two largest projects - the Hobbit dilogy. and the 23rd episode of Bond.

The latter is especially important for MGM, since the possible profit from the rental of these movies, as well as the sale of related rights, will help to cover the huge debt of the movie studio, which by the end of 2010 reached five billion dollars.

Recall that earlier the board of creditors and shareholders of the company approved a plan for restructuring MGM, which allowed the studio to give the green light

The Topic of Article: MGM found money for the 23rd episode of Bond movie.
Author: Jake Pinkman


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