AlreadyDead (psykoboy2) wrote,
AlreadyDead
psykoboy2

"On Monday, the day that Sony's $5-billion acquisition of MGM was completed, 185 MGM executives received pink slips, the first wave of firings that are likely to number 1,300 and leave the once dominant studio with a total staff of around 200, who will primarily focus on licensing MGM's 4,000-film library, the Los Angeles Times reported today (Tuesday). Commenting on the cutbacks, the Times said, "The lion's roar is being reduced to a meow.""
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