The Mgm Lion Is...Well, Growling AgainBy
The fifth floor of an office building off the Santa Monica freeway is a long way from Hollywood's epicenter. Still, if you're Metro-Goldwyn-Mayer Inc., which has spent more time on the ropes than the star of its 1976 film Rocky, it's prudent to cut corners on your headquarters. Now, after repeatedly fending off bankruptcy, MGM finds itself in the rare position of having back-to-back hits. The studio sold $26 million worth of tickets to its 17th James Bond flick, Goldeneye, in mid-November, its biggest weekend ever. This heady opening on top of the success of the gangster comedy Get Shorty came none too soon for MGM and its struggling parent, Credit Lyonnais, the French bank.
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