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<blockquote data-quote="qstor" data-source="post: 3071365" data-attributes="member: 1489">I found this on the Variety website:&quot;Posted: Sun., Sep. 10, 2006, 6:00am PT&nbsp;When Harry met Leo…After nearly 40 troubled years, studio returns to tentpole strategy&nbsp;By JILL GOLDSMITH, NICOLE LAPORTEIn 1969, when the jaunty former CBS president Jim Aubrey showed up at MGM with a mandate to revive the studio, the first thing he did was kill all 15 big-budget, commercial pictures in the pipeline, including &quot;Tai-Pan&quot; and &quot;Man's Fate.&quot;Fast-forward to 2006: MGM chairman-CEO Harry Sloan, who's been at the Lion just under a year, is doing exactly the opposite.Having barely finished remaking MGM into a pure distribution and marketing outlet for producers of mid-range indie pics, Sloan is moving the studio aggressively into the tentpole biz.Over the next few years, MGM is planning to release half a dozen films, some in the $150 million to $200 million-plus range. Studio is ready to unveil such high-profile projects as &quot;Terminator 4&quot;; one or two installments of &quot;The Hobbit,&quot; which Sloan hopes will be directed by Peter Jackson; and a sequel to &quot;The Thomas Crown Affair&quot; with Pierce Brosnan.&quot;</blockquote>

[QUOTE="qstor, post: 3071365, member: 1489"] I found this on the Variety website: "Posted: Sun., Sep. 10, 2006, 6:00am PT When Harry met Leo… After nearly 40 troubled years, studio returns to tentpole strategy By JILL GOLDSMITH, NICOLE LAPORTE In 1969, when the jaunty former CBS president Jim Aubrey showed up at MGM with a mandate to revive the studio, the first thing he did was kill all 15 big-budget, commercial pictures in the pipeline, including "Tai-Pan" and "Man's Fate." Fast-forward to 2006: MGM chairman-CEO Harry Sloan, who's been at the Lion just under a year, is doing exactly the opposite. Having barely finished remaking MGM into a pure distribution and marketing outlet for producers of mid-range indie pics, Sloan is moving the studio aggressively into the tentpole biz. Over the next few years, MGM is planning to release half a dozen films, some in the $150 million to $200 million-plus range. [I]Studio is ready to unveil such high-profile projects as "Terminator 4"; one or two installments of "The Hobbit," which Sloan hopes will be directed by Peter Jackson;[/I] and a sequel to "The Thomas Crown Affair" with Pierce Brosnan." [/QUOTE]

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