Attempted sale and bankruptcy protectionĪfter being installed in August 2009 as MGM's new CEO, Stephen Cooper tried to convince MGM's lenders that they should restructure the company's long-term debt to allow the studio to continue with its current business model. (21%), Sony Corporation of America (20%), Comcast (20%), DLJ Merchant Banking Partners (7%), and Quadrangle Group (3%).
From that period until its emergence from bankruptcy on December 20, 2010, MGM Holdings was owned by Providence Equity Partners (29%), TPG Inc. MGM Holdings was formed by a Sony-led consortium on February 11, 2005, and acquired MGM on April 8 in a US$4.8 billion leveraged buyout.
Technology company Amazon acquired the company on Maand later merged it with its Amazon Studios subsidiary on October 3, 2023, forming Amazon MGM Studios.
was an American holding company incorporated in Delaware and headquartered in Beverly Hills, California that launched on Februby a creditor-oriented consortium and the former parent company of Metro-Goldwyn-Mayer (from which the 'MGM' initials were coined).
