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  1. Gary Barber
    American film producer of South African descent

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  1. Jun 14, 2018 · June 14, 2018 2:06pm. REX/Shutterstock/MGM. 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 ...

  2. en.wikipedia.org › wiki › Gary_BarberGary Barber - Wikipedia

    Known for. CEO of Metro-Goldwyn-Mayer (2010–2018) Co-founder of Spyglass Entertainment. Children. 3. Gary Barber (born 1957) is a South African -born American film producer. Barber was the chairman and CEO of Metro-Goldwyn-Mayer. [1] He is also co-founder of Spyglass Entertainment .

    • 3
    • Media executive
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    • 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...

  4. Jul 4, 2020 · Gary Barber Net Worth. The estimated Net Worth of Gary Barber is at least $1.02 Million dollars as of 12 March 2020. Mr. Barber owns over 57,000 units of iHeartMedia stock worth over $149,475 and over the last 4 years he sold IHRT stock worth over $0. In addition, he makes $874,931 as Independent Director at iHeartMedia.

  5. Jun 21, 2018 · But June 14’s news that MGM would buy out its former chairman Gary Barber’s fully vested shares worth $260 million as part of his exit arrangement, following his abrupt firing in March, comes ...

  6. Jun 14, 2018 · Privately held MGM said Thursday that Barber’s stake consisted of 274,392 shares of common stock and 3,883,529 stock options, which were equivalent to 2,302,572 shares of common stock on a net ...

  7. Jun 14, 2018 · Matt Donnelly. June 14, 2018 @ 2:08 PM. MGM has struck a nine-figure deal to purchase the equity stake of its ousted CEO, Gary Barber, the company said on Thursday. Barber was dismissed abruptly ...

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