Eleven films will be in the can, ... I don't think we'll have a blip on the radar screen. |
I am very hopeful the financial community is beginning to understand what MGM is all about, |
Our release schedule for the balance of this year holds great promise, and our home video and television distribution operations continue to generate stronger than expected revenue and cash flow. |
That creates a tremendous opportunity for us to start again at the beginning of the growth cycle. |
This restructuring will make MGM a much stronger and effective competitor, resulting in cost savings and revenue enhancements that will far exceed the related charges, |
To report $44 million of EBITDA and $27 million of net income, with only one minor theatrical release during the quarter, says a lot about the new MGM, |
We have more strategic alternatives available to us than we realized, and we need more time to properly explore all our alternatives, |
We remain confident of our growth outlook for the second half of 2001 and all of 2002. |
We think [the library] is an irreplaceable asset where we can unlock a tremendous amount of value, |