{"id":4377,"date":"2012-07-25T00:00:00","date_gmt":"2012-07-25T00:00:00","guid":{"rendered":"http:\/\/worldscreen.com\/tvusa\/2012\/07\/25\/possible-ipo-for-mgm\/"},"modified":"2012-07-25T00:00:00","modified_gmt":"2012-07-25T00:00:00","slug":"possible-ipo-for-mgm","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvusa\/possible-ipo-for-mgm\/","title":{"rendered":"Possible IPO for MGM"},"content":{"rendered":"<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">LOS&nbsp;ANGELES: In a brief statement to the U.S. Securities and Exchange Commission, MGM, which emerged from bankruptcy in 2010, has submitted a draft registration for a possible IPO.<br \/>\n<\/span><\/span><\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">The studio&#8217;s current owners are a variety of investors who converted the studio&#8217;s debt into equity as part of a bankruptcy plan in 2010. An IPO would allow those investors to shed their holdings. According to Bloomberg, J.P. Morgan and Goldman Sachs have been tapped to handle the potential IPO.&nbsp;<br \/>\n<\/span><\/span><\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">MGM has not indicated when a potential IPO could take place or how much it is looking to raise. The studio does have some high-profile releases coming up, notably the new James Bond film <em>Skyfall <\/em>and Peter Jackson&#8217;s <em>The Hobbit<\/em>.<\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\"><br \/>\n<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LOS&nbsp;ANGELES: In a brief statement to the U.S. Securities and Exchange Commission, MGM, which emerged from bankruptcy in 2010, has submitted a draft registration for a possible IPO. The studio&#8217;s current owners are a variety of investors who converted the studio&#8217;s debt into equity as part of a bankruptcy plan in 2010. An IPO would &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[],"class_list":["post-4377","post","type-post","status-publish","format-standard","","category-top-stories"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Possible IPO for MGM<\/title>\n<meta name=\"description\" content=\"Possible IPO for MGM. LOS ANGELES, July 25: In a brief statement to the U.S. Securities and Exchange Commission, MGM, which emerged from bankruptcy in 2010, has submitted a draft registration for a possible IPO.. 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