I read that MGM had closed up their tv-shop in other countries before and Germany was one of those few which had remained open. If they give up on those countries now it definitely is not a sign of confidence or a long-term winning strategy.
But what will happen to MGM if there is no new content that keeps them afloat? Especially no new content that can be used to sell their not so successful content along with?
Thinking about MGM´s big sellers... um... there really only is one: Bond.
Anything else? The Rocky series? Gone. And the spin-off "Creed", despite being well received, does not seem to generate sequels like it was supposed to. No news on "Creed 2". And maybe that´s a good thing creatively. But not financially for MGM. The re-makes ("Poltergeist") tanked as well.
MGM basically depends on Bond. Which might be the only good news for us fans since there will have to another Bond. Soon.