MGM’s board of directors has big ambition for growing the once-troubled studio into a major force in film and TV. Gary Barber, the MGM CEO who was abruptly ousted on Monday evening, was the right fit for the studio as it emerged from bankruptcy eight years ago, but the board ultimately decided unanimously earlier this month that he was not the person to lead MGM into the future.
Barber’s dismissal apparently blindsided the executive and shocked the industry as word spread Monday night. MGM has been a rare Hollywood success story in terms of the company’s financial turnaround on Barber’s watch.
Barber’s dismissal apparently blindsided the executive and shocked the industry as word spread Monday night. MGM has been a rare Hollywood success story in terms of the company’s financial turnaround on Barber’s watch.
- 3/21/2018
- by Cynthia Littleton
- Variety - TV News
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