MGM expands global TV, plans 5 movie sequels
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Film and television studio  Metro-Goldwyn-Mayer Inc on Wednesday said it is expanding  global TV sales to reinvigorate operations, adding some 100 new  employees and promoting a key executive to run the unit.
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Digging into the murky depths of the United Artists film library, MGM Home Entertainment has come up with four significant films noirs.
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"Shark Tale," the champ at the North American box office for the past three weekends, thrashed to the finish line overseas last weekend with a &#36;25.4 million haul from 20 countries.
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The Metropolitan Opera  will begin transmitting live performances to movie theaters throughout the United States, Canada and Europe next year as part of an extraordinary and unprecedented arrangement among the company, its unions and several media partners.
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The major motion picture studios launched an international offensive against online piracy on Tuesday as the MPAA announced scores of lawsuits on four continents and criminal
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Three new movies make U.S. debuts and one independent film, shark tale "Open Water," expands nationwide on Friday as the summer winds down to what should be a record box office haul fueled by hit sequels.
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NBC Universal said yesterday it will double the size of its cable operations outside the United States with the acquisition of Sparrowhawk Media, the private equity-backed owner of the Hallmark Channel.
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Still pushing for its big merger with Mandalay Resort Group (MBG ), casino giant MGM Mirage (MGG ) pulled another card out of its sleeve on Nov. 10 with a giant residential and casino project it claims will
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Sony Corp. is a step closer to acquiring famed Hollywood studio Metro-Goldwyn-Mayer Inc. in a &#36;3 billion deal that would give it a considerable library of more than 4,100 titles.
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LOS ANGELES  - TV stations are  prescribing more renewals for "Dr. Phil."
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LG Philips LCD is to invest five billion dollars in new facilities to produce next-generation flat panel displays in order to strengthen its global market leadership.
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State-owned investment company Dubai  World said on Friday it bought 5 million shares of MGM Mirage,  the world's No. 2 casino company, raising its stake to 6.5  percent.
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Paramount Pictures, Universal Pictures, New Line Cinema and Warner Bros. Studios will be using the new 30 GB DVD disc format, created by the DVD Forum, an international group of hardware and software companies and content providers.
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TV stations are prescribing more renewals for "Dr. Phil."
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Warner's leading the charge into new distribution platforms.
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A Sony-led group has a deal in principle to buy Metro-Goldwyn-Mayer for about $2.94 billion in cash and $1.95 billion in assumed debt, MGM (MGM) announced Monday evening.
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The media conglomerate is trying to expand the global reach of âHigh School Musicalâ to squeeze even more money from the franchise.