Slimmer MGM Studio Completes RestructuringMetro-Goldwyn-Mayer took a near-final step to emerging from bankruptcy on Monday as a slimmer studio that has a lot of its future riding on "The Hobbit" two-part movie series.
MGM: Court OKs $5B Bankruptcy PlanThe studio behind the classic "James Bond" movie franchise says it has court approval for a prepackaged bankruptcy plan.
MGM Files For Bankrupcy ProtectionHollywood studio Metro-Goldwyn-Mayer Inc., the home of James Bond, says it has filed for bankruptcy protection as the culmination of a long process to restructure its finances with the support of lenders.

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