Can Lyonnais Make Mgm Roar Again?

Metro-Goldwyn-Mayer Inc.'s headquarters in Santa Monica, Calif., bears the unmistakable marks of faded glory. The 12 Oscar statuettes that adorn its lobby are from many years ago. And one of them is a fake, standing in for a statue that MGM's embattled former owner, Giancarlo Parretti, gave away to a friend in 1990. MGM probably won't expand this collection soon. After being sapped of cash and creativity for years, the once-proud studio is still hurting.

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