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Mar 21, 2018 · Rising tension between the MGM board and CEO Gary Barber was behind the executive’s sudden ouster this week, individuals with knowledge of the relationship told TheWrap.
Mar 21, 2018 · Multiple sources tell The Hollywood Reporter that an unbridgeable gap had grown between Barber and board chairman Kevin Ulrich, whose Anchorage Capital Group is MGM’s largest investor. When...
Jun 14, 2018 · Gary Barber and MGM have officially parted ways in a resolution between the two parties that has MGM Holdings paying out $260M to its former chairman/CEO of eight years.
- He Was Born in South Africa
- He’S Been A Us Citizen Since The Mid-1980S
- He’S A Thoroughbred Racehorse Owner
- He’S An Advocate For The Water Hay Oats Alliance
- He’S The Founder of Spyglass Entertainment
- He Reversed MGM’s Fortunes
- He Was Ousted from MGM in 2018
- He’S Produced Over 50 Films
- He’S Made A Killing on Property
- He Re-Launched Spyglass Media Group in 2019
Barber was born in Johannesburg, South Africa, in 1957. After completing his education at King David School, Linksfield, he studied accounting at the University of the Witwatersrand. After graduating, he put his accounting degree to good use by working as an Accountant and Certified Public Accountant with Price Waterhouse.
Had it not been for horses, Barber might still be working as an accountant in South Africa. In 1982, the lifetime racing devotee entered a completion to win a trip to the Arlington Million horse race in Illinois. He won. After becoming entranced with the US during his trip, he decided to pack up and move there permanently. Fortunately, he already h...
If there’s one thing that Barber knows more about than films, it’s thoroughbred racehorses. According to americasbestracing.net, Barber has owned horses both alone and in partnership with his brother Cecil. But this is no amateur hobby: over the past year alone, his earnings from racing amount to a hugely impressive $3,962,348. His lifetime earning...
This year, Barber came out as the first major contender in thoroughbred racing to support the Water Hay Oats Alliance (WHOA), an organization that aims to clean up U.S sports racing. In a statement via paulickreport.com, Barber commented: “This is a critical time in our industry where we need to be united in our quest for uniformity and ensure a le...
In 1996, Barber and his business associate Roger Birnbaum launched the LA-based production company, Spyglass Entertainment. They were bankrolled by Disney, who signed them up for a five-year distribution agreement in return for an equity stake. The first movie produced by the company was M. Night Shyamalan’s 1999 runaway hit, “The Sixth Sense.” The...
In 2010, both Barber and Birnbaum were appointed co-chairs and CEOS of Metro-Goldwyn-Mayer, a company that was just emerging from a very shaky few years that had pushed it to the verge of bankruptcy. Originally, it had been planned that Spyglass Entertainment’s library would be added to MGM, but the plan was dropped shortly after. During Barber’s t...
In November 2017, Barber signed a contract renewal with MGM that took him to 2022. Just 5 months later, he was out. According to sources at hollywoodreporter.com, MGM board chairman Kevin Ulrich believed that Barber “has done a good job of stabilizing the situation financially and getting the place downsized, but he is not creative. He’s not the gu...
Barber’s history as a film producer stretches all the way back to 1988’s “Midnight Crossing.” Since then, he’s been credited as a producer on over 50 feature films. Some of his most notable credits include “Robin Hood: Prince of Thieves” (1991), “Ace Ventura: Pet Detective” (1993), “The King and I” (1991), “Shanghai Noon” (2000), “Bruce Almighty” (...
In 2003, Barber bought a two-story penthouse in Westwood for about $3.5 million. Earlier this year, he more than doubled his investment when he listed the property for $6.495 million. According to the LA Times, the property consists of 4300 square feet of space and boasts a two-story living room, a dining room, an office/den, and an eat-in kitchen ...
After MGM showed him the door, it didn’t take Barber long to find his next project. In March 2019, he and Lantern Entertainment co-presidents Andy Mitchell and Milos Brajovic resurrected his old production company Spyglass Entertainment under the new moniker, Spyglass Media Group. Since its re-launch, the company has produced “Scream” and is curren...
In December 2010, Barber became Chief Executive Officer of Metro-Goldwyn-Mayer (MGM). [1] Under his leadership, MGM together with Eon Productions and Sony Pictures financed the successful James Bond film Skyfall, which grossed US$1,1 billion.
Mar 21, 2018 · Rising tension between the MGM board and CEO Gary Barber was behind the executive’s sudden ouster this week, individuals with knowledge of the relationship told TheWrap.
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Mar 20, 2018 · On March 19th, MGM Holdings announced the departure of Gary Barber as the chief executive officer of the company, just five months after he signed a new contract that runs through 2022.
