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Entries in MGM (12)

Friday
May042012

New Remake of Stephen King's 'Carrie' Might Not Suck

No author’s work is more popular among Hollywood’s magic makers than that of Stephen King, and director Kimberly Pierce’s (Boys Don’t Cry) latest project is no exception. Carrie is expected to be released March 15, 2013. As with every single King based movie in existence, already one cast member (Chloe Moretz) has gone on record as stating the remake will be “kind of” following the novel more so than the 1976 film. Of course, that means the MGM remake will be keeping as true to the book published over 30 years ago as possible, while also modernizing the story.

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Monday
Sep272010

Peter Jackson threatens to film The Hobbit outside of New Zealand due to actors unions boycotts

Peter Jackson issued a bold statement yesterday after taking flack from several actors unions in Australia and New Zealand who are calling for actors to boycott the troubled production, which has been mired in perpetual delay due to the financial woes of MGM Studios. Recently, there has been talk of filming beginning early 2011. This new actors crisis could the production back, yet again. 

The issue concerns non-union actors. The IFA, MEAA, and other actors unions are pushing to allow non-union actors to participate in collective bargaining...as if they were in a union. Jackson fired back in a long response, explaining that this demand may not be legal and, if he has to, he will shut down or move The Hobbit production to Europe, leaving New Zealand, the country that he loves. 

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Tuesday
Aug312010

The Hobbit's hellish 73-year journey to the silver screen (infographic)

Getting The Hobbit from book to screen has been a drawn out and difficult process. Lucky for us, Blastr has made a Candyland-ish map to guide us through the many delays, false starts, and animated ghettos that have plagued J.R.R. Tolkien's original Middle Earth tale. The sad part is, we don't know if this is the end or just the beginning of the troubles. With the money troubles at MGM, Peter Jackson's two-part adaptation of The Hobbit has been delayed for some time now. The director promises news soon, but it's difficult to say when this film will be made. Click on the image to expand. 

Tuesday
Aug102010

MGM looms closer toward bankruptcy

MGM may go bankrupt by Sept. 15. That's what the internet is saying, at least. Purchasing bids have been too low, debt continues to mount, restructuring isn't fixing its problems, and its continued lack of capital has postponed projects like The Hobbit, Robocop, The Three Stooges, and the 23rd James Bond movie--all films that could make MGM money. The studio will file for bankruptcy or ask for a seventh extension on its debt, which exceeds $4 billion.

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Thursday
Jul082010

Sam Mendes and Daniel Craig to wait for Bond 23 (for now)

There is no update on the status of Bond 23, but its director and star are still interested, if the financial meltdown at MGM can resolve itself sometime soon. While Director Sam Mendes (American Beauty) and Daniel Craig are both accepting projects in the short term, "insider sources" have told Deadline Hollywood that both plan to "fully come back to James Bond after MGM sorts itself out."

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Wednesday
Jul072010

Rob Lowe is buying Miramax!

Just when you think Rob Lowe has worn out his welcome on TV, he buys a movie company! What a crazy guy. The actor, along with partners Flavio Briatore (Formula One racer) and Giuseppe Cipriani (restaurant chain owner), are trying to form "a multi-platform media company, similar to DreamWorks," according to a report by tabloid site TMZ.

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Tuesday
Jul062010

The Hobbit in danger of losing Ian McKellen due to the troubles at MGM

Well, this is just prime. The sting of Bond 23's cancellation is still fresh, and now The Hobbit may lose another key member of its team: Gandalf. This also comes on the heels of Guillermo del Toro's exit as director due to the continued delays in production. We still don't know if Peter Jackson will helm the picture himself or search for another director--an official status update is expected soon. McKellen isn't thrilled about the delays.

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Tuesday
Jul062010

Bond 23 is officially canceled due to troubles at MGM

This is not news I am happy to deliver. Over the holiday weekend, the 23rd Bond movie was axed at MGM, according to a report by Mirror.co.uk. This news comes just as its production company MGM attempts to get a historic sixth extension on its rumored $2.4 billion in debt. Bond 23 was postponed back in April due to financial problems at MGM, which co-funds the film. 

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Sunday
Jul042010

MGM needs money, and so does Blockbuster video

How do you tell someone it's time to move on? Blockbuster video and MGM Studios need that talk. The once mighty video rental store is in debt $42.4 million and has been officially delisted from the New York Stock Exchange because it's stock price has been under $1 for far longer than normally accepted. MGM, well it's attempting to obtain a sixth extension on its billions in debt. It's time to let go, ladies.

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Friday
Jun252010

Peter Jackson may direct The Hobbit after all

Peter Jackson is in talks to direct the two Hobbit films, it seems. Guillermo del Toro was set to direct the films, but had to bow out after two years of work because MGM's financial woes continue to delay filming. When del Toro first announced his departure, Jackson was vocal about his possible interest in directing, but rumors were soon squashed by his manager and news that he had other conflicting directing deals. Deadline reports that Jackson's camp has been dealing to get him out of his previous commitments.

Part of the deal, it seems, may be for MGM to actually let the projects start filming sooner rather than later. This isn't confirmed. Harry Potter director David Yates and Neill Blomkamp have both been rumored to direct in recent weeks, but we may get lucky. Peter Jackson may complete his series. More as it develops.