{"id":1845,"date":"2009-09-25T12:16:00","date_gmt":"2009-09-25T20:16:00","guid":{"rendered":"https:\/\/alliancedigitalstudios.com\/cgi-bin\/blog\/1969\/12\/31\/mgm-makes-phone-plea-to-bondholders-to-stay-alive-both-hobbit-and-james-bond-in-peril-bondholders-tell-studio-to-go-bankrupt-mgm-calls-that-worst-possible-outcome\/"},"modified":"2019-05-14T13:23:51","modified_gmt":"2019-05-14T21:23:51","slug":"mgm-makes-phone-plea-to-bondholders-to-stay-alive-both-hobbit-and-james-bond-in-peril-bondholders-tell-studio-to-go-bankrupt-mgm-calls-that-worst-possible-outcome","status":"publish","type":"post","link":"https:\/\/alliancedigitalentertainment.com\/cgi-bin\/blog\/2009\/09\/25\/mgm-makes-phone-plea-to-bondholders-to-stay-alive-both-hobbit-and-james-bond-in-peril-bondholders-tell-studio-to-go-bankrupt-mgm-calls-that-worst-possible-outcome\/","title":{"rendered":"MGM Makes Phone Plea To Bondholders To Stay Alive; Both ‘Hobbit’ And James Bond In Peril; Bondholders Tell Studio To Go Bankrupt; MGM Calls That Worst Possible Outcome"},"content":{"rendered":"

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…MGM made a desperate plea for money because the studio had missed its numbers and was going to be out of funds very soon. “The implication was that it’s teetering on bankruptcy,” one source told me. MGM said it needed $20M in short-term cash flow to cover overhead, and an additional $150 million to get through the end of year and continue funding its projects, and to start Peter Jackson’s Hobbit.<\/i><\/p>\n

https:\/\/www.deadline.com\/hollywood\/exclusive-details-mgm-makes-phone-plea-to-bondholders-for-millions-to-stay-alive-both-hobbit-and-james-bond-in-peril-bondholders-tell-studio-to-go-bankrupt-mgm-calls-that-worst-possible-outcom\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

…MGM made a desperate plea for money because the studio had missed its numbers and was going to be out of funds very soon. “The implication was that it’s teetering on bankruptcy,” one source told me. MGM said it needed $20M in short-term cash flow to cover overhead, and an additional $150 million to get … Continue reading “MGM Makes Phone Plea To Bondholders To Stay Alive; Both ‘Hobbit’ And James Bond In Peril; Bondholders Tell Studio To Go Bankrupt; MGM Calls That Worst Possible Outcome”<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-1845","post","type-post","status-publish","format-standard","hentry","category-movies"],"_links":{"self":[{"href":"https:\/\/alliancedigitalentertainment.com\/cgi-bin\/blog\/wp-json\/wp\/v2\/posts\/1845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alliancedigitalentertainment.com\/cgi-bin\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alliancedigitalentertainment.com\/cgi-bin\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alliancedigitalentertainment.com\/cgi-bin\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/alliancedigitalentertainment.com\/cgi-bin\/blog\/wp-json\/wp\/v2\/comments?post=1845"}],"version-history":[{"count":1,"href":"https:\/\/alliancedigitalentertainment.com\/cgi-bin\/blog\/wp-json\/wp\/v2\/posts\/1845\/revisions"}],"predecessor-version":[{"id":2311,"href":"https:\/\/alliancedigitalentertainment.com\/cgi-bin\/blog\/wp-json\/wp\/v2\/posts\/1845\/revisions\/2311"}],"wp:attachment":[{"href":"https:\/\/alliancedigitalentertainment.com\/cgi-bin\/blog\/wp-json\/wp\/v2\/media?parent=1845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alliancedigitalentertainment.com\/cgi-bin\/blog\/wp-json\/wp\/v2\/categories?post=1845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alliancedigitalentertainment.com\/cgi-bin\/blog\/wp-json\/wp\/v2\/tags?post=1845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}