Tony And Ridley Scott Hope To Tame Mgm's Lion

British producer-directors Tony and Ridley Scott are riding to the rescue of MGM, the London Financial Times reported today (Friday) citing people familiar with the situation. The two brothers, who separately have created such hits as Alien, Top Gun and Gladiator have submitted a restructuring plan to the studio's creditors and have proposed taking over MGM's management, which is burdened with a $3.7-billion debt load. A recent attempt by the creditors to auction the historic studio, whose principal assets are its film library and its rights to the James Bond character -- as well as its familiar Leo the Lion logo -- failed to generate more than passing interest from media companies. The Scotts currently operate their own production company, Scott Free, but the FT said it was not clear whether their restructuring plan includes combining it with MGM. Their entry into the lion's den is regarded as a surprise since they had not previously been mentioned in reports about the studio's struggles.

09/04/2010


Contactmusic

Tags: Editors - Gladiator - James Bond - Ridley Scott - The Jam - Top Gun


Advertisement

Editors Recommendations

"Fifty Shades Of Grey Trailer" Reaches Viral Status: Most Watched Trailer Of 2014

If you’re not a Fifty Shades of Grey fan, that’s ok, apparently the...

Actors That Just Can't Stand The Sight of Each Other

Recently, Freddie Prinze Jr. revealed that he thought Kiefer Sutherland was ‘the most...

Actors That Just Can't Stand The Sight of Each Other

Introducing Magic, The Band Behind This Summer's Hit, 'Rude'

You've heard the song on the radio. People are humming it anywhere...

Introducing Magic, The Band Behind This Summer's Hit, 'Rude'

Jessie J, Ariana Grande, and Nicki Minaj Link Up For 'Bang Bang' Single

What happens when three of the biggest names in pop music all have...

Jessie J, Ariana Grande, and Nicki Minaj Link Up For 'Bang Bang' Single

Everybody Wants A Piece of Chris Pratt, Guardian of The Galaxy

It’s been a well-documented rise to fame for Chris Pratt – the guy who used...

Everybody Wants A Piece of Chris Pratt, Guardian of The Galaxy

The Best Movie Trailers To Emerge From Comic-Con 2014

The San Diego Comic-Con may be over but the buzz surrounding its contents is only just...

The Best Movie Trailers To Emerge From Comic-Con 2014
Advertisement

Sharks And Absurdity Descend On NYC In "Sharknado 2: The Second One"

As unfortunate as the idea of Sharknado 2 sounds, it’s happening. Let that...

Tara Reid - Sharks And Absurdity Descend On NYC In

Orlando Bloom and Justin Bieber Scuffle

Orlando Bloom and Justin Bieber are reported to have clashed on a night out on the island of Ibiza...

Orlando Bloom and Justin Bieber Scuffle

Chris Martin And Gwyneth Paltrow Spotted Together At Film

Chris Martin and Gwyneth Paltrow were seen together at a movie screening on Monday...

Chris Martin And Gwyneth Paltrow Spotted Together At Film


More recommendations

Advertisement

Comments

Editors Newsletter

Subscribe to this news alert service to receive news and reviews on Editors

Unsubscribe | Unsubscribe All