Who owns MGM?


Quick Answer

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.

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Who owns MGM?
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Full Answer

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.

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