MGM, DNR?

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It's been a rough year for MGM! Though the studio's releasing Fame this weekend, that's its first theatrical film since the underperforming Pink Panther 2...which came out in February. Not so surprisingly, that kind of distribution strategy hasn't been good for its cashflow, and Nikki Finke reports that the studio is desperate for some quick money so it won't lose the rights to guaranteed cash cows like The Hobbit and the James Bond franchise. Who cares about those -- we're worried about Hot Tub Time Machine! [Deadline.com]