• Monday, Dec. 20, 2010
A Change of "Hobbit" For Legendary Studio
  • LOS ANGELES (AP)
  • --

Metro-Goldwyn-Mayer Inc. took a near-final step to emerging from bankruptcy on Monday as a slimmer studio that has a lot of its future riding on "The Hobbit" two-part movie series.

The studio known for its roaring lion and classics such as "The Wizard of Oz" said its restructuring...

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