Chris Wedge ("Ice Age") is directing Paramount's $100 million movie, which Mary Parent ("Noah") is producing
She joined MGM in 2008, and had been a well-regarded producer at Universal
Movie chief leaves right before studio enters into Chapter 11
MGM is concurrently preparing to file for bankruptcy
Aims to lure experienced industry execs, plans Santa Monica studio facility
Bankruptcy threatened; "Hobbit" and James Bond in peril.
Sloan failed to turn around the debt-strapped studio. Stephen Cooper has been brought in to restructure.