Sad news. MGM Studios has filed for bankruptcy...
Founded in 1924, Metro Goldwyn Mayer was one of the original members of that clique known as the "studio system" in Hollywood, and was responsible for some of the most wonderful musicals ever made. Including these...
Admittedly since the death of Louie B Mayer in 1957, the demise of the original company was palpable - with a number of buy-outs, reshuffles and bits sold off to the likes of Ted Turner, the involvement of dodgy businessmen and accusations of illegal operations. Apparently the studio is going to be "saved", with a buy-out by another production company, but it is a shame nonetheless...
Read more on the BBC
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