Latest in MGM Holdings

MGM Holdings, in its first call with analysts today following the sudden and unexpected ouster of MGM chairman/CEO Gary Barber last week, said the company is being led by a management team through a newly created “Office of the CEO.” Recently installed Chief Operating Officer Chris Brearton said this group of senior…

Money comes to the entertainment business from all over the world and from every industrial sector. Oil, shopping malls, microchips and more have financed what the world watches on screens. Still, even the savviest showbiz types have become more than a little curious about the identity of the Weinstein Co.'s potential…

UPDATED 3:48 PM with more details: More information is coming to the surface about what caused MGM chairman and CEO Gary Barber to be ousted by MGM Holdings Inc yesterday. Sources with knowledge of the situation said it really came down to fighting about the direction of the company and a difference of opinion between…