Who Owns MGM?

Who Owns MGM?

Who Owns MGM?

Metro-Goldwyn-Meyer, Inc., is a subsidiary of Spyglass Entertainment and is owned by a number of private investors. As of Sept. 8, 2013, the New York Times reports that investment firm Anchorage Capital Group is the largest stakeholder in MGM at 30 percent.

Other investors in the company include Davidson Kempner, Maglan Capital and Highland Capital Management. MGM went bankrupt in 2010, which led to the company being owned by a number of creditors. As a part of the 2010 bankruptcy, the debt was converted to ownership equity in MGM. MGM is not affiliated with MGM Resorts International, which owns a number of hospitality companies worldwide.