Rubenstein Communications has been the steady PR hand for MGM Holdings, the parent of famed Hollywood studio Metro-Goldwyn-Mayer that has emerged from Chapter 11 bankruptcy with plans for an initial public offering.
MGM said July 24 that it has submitted a confidential draft registration to the Securities and Exchange Commission for a possible IPO.
Rubenstein took the PR reins back in 2010 when MGM implemented a pre-packaged bankruptcy filing with a plan for creditors to forgive $4B in debt as management from Spyglass Entertainment (“Invictus,” “Get Him to the Greek”) took the reins. It emerged in early 2011.
MGM procuced legendary films like “The Wizard of Oz” and “Ben Hur” and is slated to release the two-part, likely blockbuster “The Hobbit.”
Susie Arons, chief operating officer at Rubenstein, is handling media regarding the IPO filing.