Comcast Wins in Sony-MGM Deal
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Comcast shareholders should be thrilled with the Sony-MGM deal.
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A bidding group headlined by Sony  Corp. 6758.T agreed in principle to buy Hollywood film studio  Metro-Goldwyn-Mayer MGM.N for nearly $5 billion on Monday,  after rival bidder Time Warner Inc. TWX.N withdrew from the  auction.
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Top U.S. cable operator Comcast Corp.  said it reached an agreement with Sinclair Broadcast Group Inc.  to extend a carriage agreement for four years, averting a  blackout.
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Time Warner Cable and Comcast Corporation announced on Tuesday that they had reached an agreement with Sterling Entertainment Enterprises, LLC (SEE) to form a New
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Sony Corp. and several financial partners have agreed in principle to acquire movie studio Metro-Goldwyn-Mayer for about $2.94 billion in cash, sources familiar with the talks said Monday.
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A group of companies led by Sony Corp of America which includes cable television&#39;s Comcast Corp. on Thursday said it has signed a definite agreement to acquire film studio Metro-Goldwyn-Mayer Inc.
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Verizon Communications Inc. and Montgomery County officials said yesterday that they have reached a tentative agreement that could allow the telecommunications giant to sell its new fiber-optic cable television service in an area heavily dominated by Comcast Cable Communications Inc.
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A group led by Sony of America reached a tentative agreement to buy Metro-Goldwyn-Mayer for about $4.8 billion in cash, taking it from Time Warner at the 11th hour.
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Film and television studio  Metro-Goldwyn-Mayer Inc. MGM.N on Monday said it agreed in  principle to be acquired by a consortium led by Sony Corp. of  America for $12 a share in cash, plus assumed debt.
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Sony Corp. is banking on the &#36;3 billion deal to acquire Hollywood studio Metro-Goldwyn-Mayer Inc. to boost lagging profits by exploiting potential link ups between its electronics and entertainment businesses.
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Time Warner Inc. and Comcast Corp. on Monday agreed to a pact giving Comcast an option to cut its stake in Time Warner's cable unit, opening the door for Comcast to unwind the entire partnership.
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Los Angeles (dpa) - An investment consortium led by Japanese electronics giant Sony has sealed a deal to buy the legendary Hollywood studio MGM, which will keep functioning as an independent unit producing several films a year, Variety reported Friday.
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LOS ANGELES - A consortium led by Sony has agreed in principle to acquire famed Hollywood studio Metro-Goldwyn-Mayer for nearly $3 billion, MGM said late Monday.    The deal marks the last chapter in the history of two of Hollywood's most storied names - MGM, once best known for its musical hits like "Singing in the Rain" and "Meet Me in St...
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A consortium led by Sony reached a tentative agreement to buy Metro-Goldwyn-Mayer, the Hollywood studio for about $4.9 billion.
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LOS ANGELES - Sony Corp. and several financial partners have agreed in principle to acquire movie studio Metro-Goldwyn-Mayer for about $2.94 billion in cash, sources familiar with the talks said Monday...
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A consortium led by Sony Corp. has agreed in principle to acquire famed Hollywood studio Metro-Goldwyn-Mayer Inc. for nearly $3 billion, MGM said late yesterday.
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Under a definitive agreement reached Thursday by Metro-Goldwyn-Mayer Inc. and a consortium led by Sony Corporation of America, MGM will continue to operate as a private movie-making company