MGM creditor deal gives 007 licence to film

first_img whatsapp whatsapp Share MGM creditor deal gives 007 licence to film KCS-content More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comConnecticut man dies after crashing Harley into live bearnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com THE creditors behind MGM studios have voted in favour of a new deal which puts Spyglass Entertainment at the helm.The deal will enable the Hollywood filmmaker to proceed with the production of the latest James Bond film, which had been mothballed due to failure to secure a sale of the studio. More than half of MGM’s individual debt holders voted to approve the Spyglass plan that will place the US firm’s co-founders Gary Barber and Roger Birnbaum as co-chief executives of MGM. The creditors rejected a rival offer from Canadian film producer Lionsgate, owned by billionaire Carl Icahn who already has an $800m (£499m) stake in MGM’s debts.MGM had been struggling with $4bn (£2.5bn) debts due to poor box office returns and a slump in DVD sales. The deal allows lenders to restructure the deficit and exchange $4bn in debt for equity in the company upon its emergence from Chapter 11 bankruptcy.Under new direction from Spyglass, MGM will look to produce fewer big budget films in order to put the studio on a secure financial footing.MGM said in a statement that creditors had “overwhelmingly approved its proposed plan of reorganisation” under the Spyglass deal.Securing an agreement for the struggling studio will mean that production of several big budget films, including the 23rd James Bond picture, can resume. Show Comments ▼ Sunday 31 October 2010 10:28 pm Tags: NULLlast_img read more

Return to home ground makes perfect sense for the UK’s traditional outfitter

first_imgSunday 17 April 2011 11:06 pm whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Ads whatsapp Show Comments ▼ Share COMING after weeks of share price volatility following the Japan earthquake, Ahrendts’ enthusiasm for London could look like a miscalculated retrenchment, especially when Burberry’s Asian sales grew 50 per cent in the first six months of 2010.So has market uncertainty really spooked Ahrendts that much? The answer is a definite no. Far from turning its back on Asia, Burberry is taking a calculated step to make the best of both worlds. Much of the brand’s appeal in Asia relies on its English heritage status – started in Hampshire in 1856, its British milestones include inventing the trench coat during WWI. The European market may now contribute just a third of overall sales, but it is where the origins of the brand’s success lie. And investors needn’t fear that decisions are being made on aesthetics alone – Ahrendts is still fiercely pursuing the tourist pound. Thirty per cent of Burberry’s profits in London are down to Chinese tourists, spending six times more on holiday than they do at home. Ahrendts said just last week that she wanted to “sell the British attitude across the world”. When it’s so clear that’s what her core Asian customers want, her latest move is anything but inward-looking. center_img KCS-content Return to home ground makes perfect sense for the UK’s traditional outfitter More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Tags: NULLlast_img read more