• MGM Credit Ratings Downgraded By Moody's Due To Film And TV Spending

    11 monthes ago - By Deadline

    As it continues to plot a new course after a management reshuffling, MGM has received some unwelcome news this morning from Moody's Investors Service. Noting the company's increased spending on film and TV projects, Moody's has downgraded two key ratings for the company.
    MGM's "corporate family rating" and default probability rating both took steps down, and Moody's outlook changed to negative from stable. The corporate family rating is a measure of a company's ability to...
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  • Netflix Announces Two New Shows as Peak TV Continues

    Netflix Announces Two New Shows as Peak TV Continues

    11 monthes ago - By Slash Film

    In the latest step in Netflix's plan for world domination (or at least their plan to dominate all of our free time), the streaming service has announced two new original TV series will be coming to the platform. One is called Away , a sci-fi romance set during a mission to Mars that's being produced by War for the Planet of the Apes director Matt Reeves. And the other is a fantasy series called Kaos , which hails from the creator of The End of the F***ing World.
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