Magazine article Screen International

MGM Brass Avoid Talk of Gary Barber's Shock Exit in Earnings Call

Magazine article Screen International

MGM Brass Avoid Talk of Gary Barber's Shock Exit in Earnings Call

Article excerpt

Studio reports 10% climb in revenue through December 31 2017 to $1.3bn.

Gary Barber

Recently installed MGM COO and veteran entertainment lawyer Chris Brearton took care to avoid the subject of Gary Barber’s shock exit in an earnings call on Wednesday (March 28).

Brearton told analysts he would not take questions on last week’s development, preferring instead to focus on year-end results that in fact served to highlight how Barber left the studio in good shape.

MGM posted revenue of $1.3bn for the year through December 31 2017, marking a 10% rise that the studio said was fuelled by the mid-year acquisition of EPIX and growth in its television content business. …

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