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25 Nov, 7 tweets, 3 min read
Questions loom about the direction of MGM — the Beverly Hills-based studio with the roaring lion logo.

@RFaughnder and @anoushasakoui report ⬇️ latimes.com/entertainment-…
The company has faced disagreement among investors over whether to sell.

Some worry the studio missed opportunities for a lucrative exit for shareholders by not selling before the pandemic latimes.com/entertainment-…
Much of the investor tension has centered on the chairman of MGM’s board.

We explain in detail here: latimes.com/entertainment-…
Analysts expect it to become more difficult for MGM to compete as larger companies—such as Walt Disney Co. and Comcast’s NBCUniversal—grow through streaming. latimes.com/entertainment-…
The company’s decentralized management structure has also presented a challenge, sources say.

MGM has been run by an “office of the CEO” since Gary Barber was abruptly fired after eight years. Barber had been pushing for a sale latimes.com/business/holly…
In October it was announced that MGM's upcoming James Bond film “No Time to Die” was delayed until April latimes.com/entertainment-…
In April, MGM made cuts to its workforce, resulting in roughly 50 layoffs across multiple divisions latimes.com/entertainment-…

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More from @latimes

Los Angeles Times Profile picture
25 Nov
Reporter @cmonstah spent time on Parler, a social media platform for right-wing and extremist commentators. Apparently, it has a lot of issues. latimes.com/entertainment-…
The platform—which launched in 2018 and is funded in part by conservative donor Rebekah Mercer—has roughly 11M account holders (fyi Twitter has around 330M). latimes.com/entertainment-…
"Profiles get stuck loading, links often don’t show previews and the search function is primitive," Miranda says.

News also breaks slowly: "Trying to stay informed on Parler is like trying to divine the news by reading your grandparents’ junk mail" latimes.com/entertainment-…
Read 4 tweets
Los Angeles Times Profile picture
24 Nov
Netflix has pulled “Chappelle’s Show," Dave Chappelle's successful sketch-comedy series, from the streaming service.

@TheCDZ explains why (thread) latimes.com/entertainment-…
The comedian told his version of events in a profanity-peppered video titled “Unforgiven.”

Basically, he signed a contract granting Comedy Central the rights to “Chappelle’s Show” in perpetuity.
latimes.com/entertainment-…
"I signed the contract the way that a 28-year-old expectant father that was broke signs a contract. I was desperate. I needed a way out," he said. “I called [Netflix] and I told them that this makes me feel bad"
latimes.com/entertainment-…
Read 7 tweets
Los Angeles Times Profile picture
24 Nov
“The Bachelor” and “The Bachelorette” have recently had opportunities to redeem their reputations, launching new seasons in the wake of protests over systemic racism.

But increased representation of Black people hasn't led to thoughtful dialogue on race latimes.com/entertainment-…
For much of its 18-year run, “The Bachelor” stood firm against repeated calls to feature a Black lead. (“Big Brother” has also regularly featured predominantly white casts).

And Black houseguests had long complained of being targeted and bullied latimes.com/entertainment-…
And these two weren’t the only reality TV shows with histories of houseguests experiencing racism.

(Back in 2019, we wrote about “Big Brother” and repeated allegations of misconduct from fellow contestants) latimes.com/entertainment-…
Read 7 tweets
Los Angeles Times Profile picture
24 Nov
The 2021 #GRAMMYs nominations were announced today.

Here's our coverage of some of the music and artists that got #GRAMMYnoms 🧵

latimes.com/entertainment-…
“Black Parade,” Beyoncé’s sweeping yet fine-grained salute to Blackness released on Juneteenth, is up for record of the year and song of the year.

Beyoncé scored nine nominations in total, more than any other artist. latimes.com/entertainment-…
Taylor Swift’s quietly introspective “Folklore” earned a nod for album of the year. The single "Cardigan" is also up for song of the year.
latimes.com/entertainment-…
Read 8 tweets
Los Angeles Times Profile picture
24 Nov
Lista completa de los nominados al #GRAMMYs latimes.com/espanol/entret…
Beyoncé, Dua Lipa, Roddy Ricch y Taylor Swift dominan las nominaciones a los #GRAMMYs latimes.com/espanol/entret…
Tras el anuncio de las nominaciones, Beyoncé parte como favorita por su canción “Black Parade”, inspirada por las protestas raciales de Estados Unidos, que es candidata a la grabación del año y canción del año #GRAMMYs latimes.com/espanol/entret…
Read 9 tweets
Los Angeles Times Profile picture
24 Nov
With COVID-19 cases spiking across the country and public health officials urging Americans to stay home as much as possible, in-store shopping on the day after Thanksgiving will be a subdued affair.

@byandreachang on what to expect this Black Friday: latimes.com/business/story…
Retailers are sending out some mixed messages: Come out on Black Friday, but not all at once. Consider just shopping online. Can’t get around to it this weekend? No problem — holiday discounts, which began earlier than ever, will continue for weeks. latimes.com/business/story…
Hot gift categories include technology, small domestic appliances, housewares, toys and do-it-yourself auto projects, which an analyst summarized as things that help you “live a better life while you’re at home.” latimes.com/business/story…
Read 4 tweets

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