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He's free on $3 million bail "It avoids the media spectacle and it gives them a chance for a dress rehearsal" before a possible trial We can't say She said prosecutors almost certainly would have to present testimony to the grand jury behind closed doors from the boy who claims Jackson molested him "So this could be considered part of their standard activity Jackson Case May Be on Grand Jury Docket Mar 11, 10:08 AM EST The prosecutor who charged Michael Jackson with child molestation has confirmed that a grand jury is convening in Santa Barbara but won't say whether the panel will be investigating the case Citing unnamed legal sources, the newspaper said potential grand jurors had received summonses to appear later this month " Jackson's lawyers, Mark Geragos and Benjamin Brafman, said Wednesday they could not comment due to a judge's gag order "The business of the grand jury is confidential," said Jason Karpf of Tellem Worldwide, a firm that handles media inquiries for District Attorney Tom Sneddon in the Jackson case "It doesn't surprise me if he (Sneddon) has decided to go to the grand jury," said Loyola University Law School professor Laurie Levenson Use of the grand jury to secure an indictment would sidestep a potentially lengthy preliminary hearing with public testimony Jackson has pleaded innocent to seven counts of performing lewd or lascivious acts on a child under 14 and two counts of administering an intoxicating agent, reportedly wine Word that a grand jury was being summoned for the Jackson case was first reported in Wednesday's edition of the Santa Barbara News-Press "Tom pointed out that the office convenes a grand jury every quarter," Karpf said "They get to see how well he holds up as a witness," she said Larry Feldman, a lawyer who has represented the accuser, said he has not been contacted regarding a grand jury 9 million The results beat estimates of analysts surveyed by Thomson First Call, who had expected a loss of 11 cents per share The studio is still working on a script and has yet to choose a director or decide on casting, he said MGM said two theatrical releases in the quarter, "Walking Tall" and "Saved" would be profitable 4 million, or 77 cents per share in the same period last year 7 million in the same quarter last year During the quarter, MGM paid a special, one-time dividend of $8 per share, financed by borrowings (UPDATES throughout with executive comment, six-month results, ADDS details on possible studio sale, corrects to three releases in quarter, sted two A third, "Soul Plane," lost money 14 in midday trading on the New York Stock Exchange Shipment of DVDs increased 11 percent to 34 million during the quarter 7 million, or 8 cents per share, for the quarter ended June 30, compared to a loss of $133 Revenue fell to $406 The studio also recorded a loss for "Sleepover," which was released in July or Time Warner Inc 1 million from $487 " For the first six months of the year, MGM reported a net loss of $40 The studio, which also produced television shows such as "Stargate SG-1" and "Dead Like Me," reported net cash from continuing operations of $33 Those talks are ongoing and any announcement is still weeks away, according to studio sources who commented on the condition of anonymity Executives would not comment on the company's exploration of a possible sale to Sony Corp "For obvious reasons, we will not entertain any questions today, hypothetical or otherwise, on any strategic alternatives under consideration," chairman and chief executive Alex Yemenidjian said during a conference call with analysts MGM, which also produces television shows and has significant income from one of the industry's largest film libraries, reported a net loss of $19 MGM Narrows Second Quarter Loss Jul 29, 12:08 PM EST Film studio Metro-Goldwyn-Mayer reported a sharply reduced net loss for the second quarter Thursday on lower revenues during a period that saw two small, but profitable, theatrical releases as well as one flop MGM shares fell 2 cents to $12 ) Executives also did not comment on speculation that actor Pierce Brosnan would not be back to play secret agent James Bond in the 21st installment of the film franchise 1 million from $882 6 billion The studio is developing television series based on its films "Barbershop" and "Legally Blonde" and is developing a feature film based on its cable television series "Stargate SG-1 Revenue for the first six months dropped slightly to $870 6 million, or 55 cents per share in the same period last year Because the film was released before second quarter earnings were announced, accounting rules required that the loss be recorded against second quarter earnings MGM chief operating officer Chris McGurk said the still-untitled film is slated for a November 2005 release 9 million, or 17 cents per share, compared to a loss of $189 |
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