Hollywood Agrees to Movie Gallery Merger
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Video rental chain Hollywood Entertainment Corp. , which may face a hostile takeover bid by industry leader Blockbuster Inc. , on Monday agreed to be bought by smaller rival Movie Gallery Inc.  for &#36;850 million.
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Blockbuster Inc., the nation's largest movie-rental chain, said Tuesday it is still interested in buying Hollywood Entertainment Corp., despite its smaller rival's agreement last week to be purchased by another competitor, Movie Gallery Inc., for about &#36;850 million.
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Warner Bros Entertainment has agreed with United Arab Emiratesâ Aldar Properties and Abu Dhabi Media to set up a film and video game production firm.
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[Business India] Los Angeles, Sep 24 : After months of wrangling, a consortium led by Sony Corp has signed a definitive deal to buy the famous Hollywood studio MGM, Xinhua reports.
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Hollywood Entertainment Corp. said Thursday it has filed documents with the Federal Trade Commission seeking approval of a proposed &#36;850 million merger with Movie Gallery Inc. that would create a larger rival to Blockbuster Inc., the nation's largest video chain.
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Blockbuster Inc. said on Tuesday it remains committed to acquiring Hollywood Entertainment Corp. despite an &#36;850 million bid for the No. 2 video chain by Movie Gallery Inc. last week.
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After months of heated wrangling and public speculation, a consortium led by Sony Corp. signed a definitive deal Thursday to buy the famous Hollywood studio Metro-Goldwyn-Mayer (MGM).
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U.S. entertainment company Warner Brothers agreed Monday with a local partner to build multiplex cinemas in cities across China, the government said.
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Film and television studio Metro-Goldwyn-Mayer Inc. (MGM.N: Quote, Profile, Research) on Monday said it agreed in principle to be acquired by a consortium led by Sony Corp.
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Video rental giant Hollywood Entertainment Corp. has agreed to a buyout offer of nearly &#36;850 million from smaller rival Movie Gallery Inc. in a deal that would create a stronger challenger to the industry leader, Blockbuster Inc.
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MGM, the beleaguered Hollywood studio currently being acquired by a consortium of buyers led by Sony Pictures, will continue to co-produce movies as a private company once the takeover is complete.
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LOS ANGELES  Â Online movie download site CinemaNow Inc. has struck a deal with software maker Macrovision Corp. aimed at making it easier for manufacturers of media players and other devices to make their products compatible with CinemaNow's on-demand movie service.
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Movie Gallery Inc. said Friday it has offered to buy rival movie rental chain Hollywood Entertainment Corp. for an undisclosed sum, one week after Blockbuster Inc.
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Hollywood movies studios Warner Bros.  and Universal Pictures have formed a joint venture with Digital  Cinema Implementation Partners to explore new digital delivery  for digital cinema systems, the companies said.
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FOH Holdings Inc., the parent company of Frederick's of Hollywood Inc., and apparel maker Movie Star Inc.  said on Tuesday they agreed to merge in a deal that allows the lingerie retailer to become a publicly traded company without an initial public offering.
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Movie Gallery Inc, the second-largest video rental company in North America, said it has filed a reorganization plan in bankruptcy court, and hopes to emerge from Chapter 11 next year.
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The deal marks the last chapter in the history of two of Hollywoodâs most famous names - Metro Goldwyn Mayer, once best known for its musical hits like Singing in the Rain and its subsidiary, United Artists, the studio founded in 1919 by Charlie