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the studios

MySpace President Plans to Lead MGM Out of Bankruptcy

While we were out earlier this week, Jason Hirschhorn, co-president of MySpace, and Frederic Reynolds, former CBS Corp. CFO, joined MGM's new board of directors, to take effect when/if the company emerges from bankruptcy December 2, pending a court's approval. Reynolds will bring his "traditional media experience" to the table, while Hirschhorn, former digital officer for MTV, will be the hipper half. [Deadline, Company Town/LAT]