MGM’s moves on Tuesday may please investors who’d fretted about Leo’s $3.7 billion in debt. But the shakeup does little to enhance the Lion’s reputation as a place to make movies. To appease its debt ...

What’s more important, fame or money? For debt-ridden MGM, the answer is money. Today, as the struggling studio opens in theaters a remake of the 1980 movie musical ‘Fame’ — its first release in nine ...

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts. Metro-Goldwyn-Mayer Inc., scrambling to refinance its $3.7-billion loan, ...

NEW YORK -- MGM Grand Hotel & Casino revealed its mobile strategy to attendees of the Mobile Marketing Association's Mobile Marketing Forum. The hotel chain plans to continue to use the mobile channel ...

Save your cash for the gaming floor: Las Vegas-based MGM Mirage is no longer trying to sell the MGM Grand Detroit. "While every casino in America is for sale for the right price, we haven't had any ...

MGM Mirage reported a fourth quarter diluted loss per share of $0.98, which includes the impact of a pre-tax non-cash impairment charge totaling $548 million, or $0.73 loss per diluted share net of ...

MGM Mirage, the casino company majority-owned by L.A. billionaire Kirk Kerkorian, said it may not be able to stay in compliance with financial covenants under its senior credit facility this year.

MGM and WWE are tag-teaming to develop a modernized remake of the Vietnam era Chuck Norris action flick ‘Missing in Action’. The project is being planned primarily as a direct-to-DVD project and will ...