the decline has been highlighted MGM

The company's current situation, MGM 3, filed for bankruptcy protection, submitted documents show that the total assets of about 19 billion MGM, carrying a huge 40 billion dollars in debt. MGM is now "too poor" to pay even the interest on the debt have not had. Originally intended to last Choupai "Hobbit" and other new film, not even 20 million U.S. dollars in short-term working capital is to take it out. You know, this is only a big star appeared in a film that took the paycheck (Tom Cruise has been touted fee of $ 25,000,000 necessary).

As early as 2005, the decline has been highlighted MGM, $ 2,000,000,000 was burdened by debt, saved distress Sony untold miseries, out of 4.8 billion to acquire MGM. After a period of time, the situation looks a good, long absence, the shareholders receive the dividend, the company also by potential price increases. However, within just five years, MGM would not allow peace of mind accrued liability and reached 40 billion U.S. dollars, do not do the killing that Sony lost money trading, while the creditor's attitude is clear - - bankruptcy.