Retail Industry
Industry: Email Alert RSS FeedScene & Noted.(appointment of Jason Weiss)(refinancing Movie Gallery Inc.)(Brief article)
Video Business, February, 2007
By Staff Scene : Jason Weiss has been named VP of development and production at MGM 's new direct-to-video division. He will oversee a slate of 12 or more films per year. Weiss was at MTV Films. Noted : Movie Gallery has refinanced its entire senior secured credit facility with Goldman Sachs .
The funds will be used to refinance the existing facility as well as replace existing letters of credit, provide for working capital, pay fees and expenses associated with the proposed credit facilities and for other general corporate purposes. --Movielink is launching the Movielink Download Awards with winning titles to be discounted each week.
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