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MGM is set to generate $500 mil a year

14th Nov 2006, 17:20 GMT

International News: Sloan reveals latest on 'Panther,' 'Crown' and 'Hobbit' -- MGM is aiming to generate almost $500 million a year in free cashflow, compared with the $100 million a year that the studio produced before its restructuring under its current owners, according to MGM chairman and chief exec Harry Sloan

View full story at www.variety.com

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