The Warner Archive and DVD Collecting in the New

Аннотация

November 2010 Metro-Goldwyn-Mayer,once known as the "Tiffany of Studios," filed for Chapter 11 bankruptcy protection after failing to find a buyer wuling to assume its nearly four-billion-dollar debt (Spector). While an investment consortium led by Sony Corporation had purchased the studio for $4.9 billion in 2004, six years later the highest bid received for MGM was $1.5 billion from Time Warner (Chakravorty and Adegoke). Rather than accept a lowball offer, MGM's creditors voted for bankruptcy reorganization, which aUowed them to retain ownership of the studio (Spector).