Struggling studio could be picked up by Time Warner
                                
                                
                                    (Newser) -
                                    MGM Studios, once the stuff of Hollywood legend, is on the chopping block: The first bids from potential buyers are expected in the next few weeks, reports  Variety . MGM made only one film this year—the poorly-performing Fame—and, possibly even sadder, its future projects include the grim-sounding Hot Tub ...