This movie is distributed in Australia by Fox, so I take it they added their own logo at the depot after the prints had left the lab (actually, I think the prints are imported from the US). Anyhow, whoever added the Fox logo cut the tail of the Fox logo one sprocket out and the head of the incoming MGM logo one sprocket out, giving a cumulative 2 sprocket out-of-frame join. How could they possibly make a mistake at *both* ends? After correcting the problem, I felt that it was also the person's fault who made up the print for not having picked this up at the bench during inspection.
Nonetheless, I feel that if the distributor cannot get this spliced in frame from the outset, then they probably don't deserve to have their tag shown at all (although I did replace it).
Agree/disagree? Have others received trailers, features or other materials that arrived 'as new' which were not in frame?
If your prints are from the US, some guy has to manually edit in the the logo.. no way to automate that, so errors will occur.
All you can do is say; "Idiot!" and fix it. If it happens often, then complain to the distributor, I guess. Maybe it can be traced to "Editor Number 47."
I've always suspected "Editor Number 13" was the bad apple. Right along with inspection by "Integrity". 
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John P. Pytlak, Senior Technical Specialist
Worldwide Technical Services, Entertainment Imaging
Research Labs, Building 69, Room 7525A
Rochester, New York, 14650-1922 USA
Tel: 716-477-5325 Cell: 716-781-4036 Fax: 716-722-7243
E-Mail: john.pytlak@kodak.com
Web site: http://www.kodak.com/go/motion
Personally, I would fix the splice and keep running the tag if it can be made seamless. The only time I do not run the tag is if I get a used print and the fadeup is missing or there are marks on it from a sloppy projectionist at a trade screening. In that instance, the studio logo gets thrown in the trash can and I request a new reel. If the reel comes, then it is swapped out. If the reel does not come, then the studio does not get their tag shown. Same thing if the guys attaching the logos cut off the fadeup of the studio logo or fadeout of the attached trailer. (The Fox logo is the worst one for easily made mistakes since the audio is ahead of the picture.) I don't have much patience with people who cannot properly handle film.
I think all the MGM tag should have been left on as the very first thing that comes up in the opening titles is MGM Presents anyway...
Fox should just put the tag in the box with the print...I'll do the rest. 
BTW...another bloody photoguarded print.
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John P. Pytlak, Senior Technical Specialist
Worldwide Technical Services, Entertainment Imaging
Research Labs, Building 69, Room 7525A
Rochester, New York, 14650-1922 USA
Tel: 716-477-5325 Cell: 716-781-4036 Fax: 716-722-7243
E-Mail: john.pytlak@kodak.com
Web site: http://www.kodak.com/go/motion