MGM May Be Looking to India for $$$$...Like DreamWorks
MGM, with president Mary Parent at the helm, may be following DreamWorks down the money line to India with a deal with Reliance ADA Group, according to the New York Post.
MGM needs cash to deal with a $3.7 billion that comes due in 2012. As the studio hasn’t had many hits of late, that may be a bit difficult unless they can find a Golden Goose or a just somebody with money.
Needless to say, MGM will turn into a DreamWorks wannabe if this deal comes through.
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