Unfortunately the recession is hurting all of us, including MGM, who, according to Deadline Hollywood, are trying desperately to figure out a way to avoid filing for bankruptcy, forcing them to sell off the rights to their biggest (and most profitable) franchises, like James Bond and The Hobbit.
Are James Bond and 'The Hobbit' in Trouble?
Erik DavisThe Blogger Bunch
Erik has been one of the Web's leading movie commentators since 2005, having worked as an editor and writer for outlets like Fandango, Movies.com, AOL Moviefone, Cinematical, Flavorwire, SXSW Magazine, Entertainment Today and more. His favorite movie is 'Back to the Future,' and his favorite activity is playing Spider-Man with his two young children. You can follow Erik's adventures on Facebook, Google+ and Twitter, @erikdavis.
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