MGM Bankruptcy Could End SGU?

Michael Hinman of the respected Airlock Alpha sci fi news site has published this article about how MGM’s financial woes might affect production of its franchise, Stargate Universe. MGM announced earlier this week that it’s suspending production of the next James Bond movie due to the studio’s massive debt and the fact it hasn’t yet found a buyer, at least not one willing to offer a “fair” price.

Regarding the possible impact on Stargate, Hinman spoke to someone in SGU production:

“You try to keep your chin up, but it’s hard, it’s really hard right now,” a source involved in the Vancouver production of Syfy’s “Stargate: Universe” told Airlock Alpha this week. “We come in, do the best job we can, but in the end, we could be out of work tomorrow simply because of something that’s totally out of our control.”

Those involved with Stargate are banking on the franchise’s long history of profitability to make it an attractive property, even if MGM is forced to sell off its assets in bankruptcy. One question of course is whether a hard-nosed business analysis would favor investing more in continued production, or relying on the DVD library already on its shelves for easy income. For the sake of everyone involved in making Stargate, we wish the best for MGM!

2 thoughts on “MGM Bankruptcy Could End SGU?”

  1. I think I’ll take this with a pinch of salt. Season 2 will already of been bought and paid for, contracts will be in place and Syfy will have assurances that the show will be made. Even if MGM gets sold, I don’t see how it can effect SGU until at least a potential third season is on the cards. This sounds like the type of typical sensationalist comment that “a source” has a habit of making…

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