MGM Holdings Inc., the studio that emerged from bankruptcy more than two years ago, reported fourth-quarter net income of $40.2 million, driven by the James Bond film “Skyfall” and “The Hobbit: An Unexpected Journey.”
Film producer Brian Grazer stepped in to oversee the 84th Academy Awards in place of Brett Ratner, who left the show this week after making controversial remarks and was followed out the door by host Eddie Murphy.
Eddie Murphy and Ben Stiller steal back their careers from kiddy movies and tired franchises with “Tower Heist,” a canny action comedy that rewards its veteran actors with the best showcase they’ve had in years.
“Hugo,” Martin Scorsese’s first 3-D movie, was nominated for 11 Oscars, including best picture and best director, as Hollywood prepared to honor its top 2011 films. Brad Pitt and George Clooney will vie for best actor.