Having recently emerged from bankruptcy, MGM announced it has regained the rights to develop films under the legendary United Artists brand. The studio has also gained the rights to UA feature films made in recent years. The studio expects 21 Jump Street to be profitable but the company's highly-touted release of The Girl With the Dragon Tattoo resulted in a modest loss despite having grossed $231 million to date. The studio is seeking better terms to develop sequels to the movie. It's a sign of insanity in the film industry when a movie can gross almost a quarter billion dollars and still lose money. For more click here
