When the sale of MGM is finalized later this year, the newly privately held studio will be run by Daniel Taylor. Currently CFO of thepublicly traded company, Taylor will assume the post of president a

When the sale of MGM is finalized later this year, the newly privately held studio will be run by Daniel Taylor. Currently CFO of thepublicly traded company, Taylor will assume the post of president after the company is bought by a consortium that includes Comcast Corp. and Sony Corp.of America, the company said Feb. 10.

As for what's in store for current MGM chairman/CEO Alex Yemenidjian and vice chairman/COO Chris McGurk, a spokeswoman was mum when asked Feb. 10. However, few insiders expect the two executives to remain with the company after the sale.
As president, Taylor will oversee the development of a small slate of theatrical releases -- probably four per year -- and MGM's modest television product.