The Financial Times is reporting (sub req’d) in Friday’s edition that Ridley and Tony “have expressed interest in running MGM”. The newspaper quotes “people familiar with the situation” as its sources. The assumption is that, if MGM emerges from the busted auction as a stand-alone and restructured company, a new management team will be brought in to run the studio once its fate is determined by creditors. “The Scott brothers have their own production company, Scott Free, but it is unclear whether their proposal would involve combining it with MGM, or if they are seeking a stake in the recapitalized studio. They could not be reached for comment.”
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