| Dec 17, 2010
| 4:33 PM
So much for a merry Christmas at MGM. As it prepares to exit bankruptcy and restart operations under new management, Metro-Goldwyn-Mayer has started laying off staffers. As many as 50 people out of the studio's 400 employees are being let......
| Jan 11, 2014
| 5:00 AM
Katy Perry has tidied up some old business, selling her fortress-like compound in Hollywood Hills West for $5.565 million.
The pop singer bought the property in 2011 with her then-husband, actor Russell Brand, for $6.5 million. But the couple never...
| Nov 14, 2013
| 12:55 PM
MGM Holdings Inc., the parent of Metro-Goldwyn-Mayer Inc., on Thursday reported third-quarter net income of $16.6 million, buoyed by the strong performance of "Skyfall" and “The Hobbit: An Unexpected Journey" on home entertainment platforms.
| Aug 14, 2013
| 12:27 PM
MGM Holdings Inc., the parent of Metro-Goldwyn-Mayer Inc., reported net income of $35.9 million for its fiscal second quarter ending June 30.
The Beverly Hills-based film and television company's revenue rose dramatically -- by 164% -- to $339 million....
| Mar 16, 2011
China has become such an important market for U.S. entertainment companies that one studio has taken the extraordinary step of digitally altering a film to excise bad guys from the Communist nation lest the leadership in Beijing be offended.
| Jan 19, 2012
| 1:11 PM
Entertainment industry executive Roger Birnbaum and his wife, Pamela, have put their Beverly Hills home up for sale at $15.75 million.
Completed five years ago, the nearly 7,200-square-foot contemporary farmhouse was a project of former talent manager...
| Feb 5, 2012
In one of the more talked-about transactions in town, actors Brad Pitt and Angelina Jolie have sold their Malibu beach house to daytime host and comedian Ellen De Generes for $12 million.
The 4,088-square-foot house, built in 1962, features walls of...
| May 16, 2013
| 4:29 PM
Buoyed by the billion-dollar box-office blockbusters “Skyfall” and “The Hobbit: An Unexpected Journey,” MGM Holdings Inc., the parent of Metro-Goldwyn-Mayer Inc., posted first-quarter net income of $57.4 million.
That was more...