Sony Closer to Content/Gadget Vision with MGM Deal
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With its acquisition of Hollywood film  studio Metro-Goldwyn-Mayer, Sony Corp is one step closer to its  vision of linking hardware and content, and to winning the key  battle for the next generation DVD.
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LOS ANGELES/TOKYO  - A group headed by Sony Corp.  of America has agreed to buy Hollywood film studio  Metro-Goldwyn-Mayer for about $2.85 billion in cash to mine  MGM's lucrative library for the booming DVD market.
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LOS ANGELES/TOKYO  - Walt Disney Co. said on  Wednesday it would support the Blu-ray standard for  next-generation DVDs backed by Sony Corp., but kept open its  options for a rival format championed by Toshiba Corp.
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Sony is poised to kick off the launch of its next-generation DVD technology, announcing the release of high-definition Blu-ray movies from a number of major film studios in conjunction with new hardware on which to play them.
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LOS ANGELES - A consortium led by Sony Corp. has agreed in principle to acquire famed Hollywood studio Metro-Goldwyn-Mayer Inc...
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Sony, Matsushita and other firms are planning to launch camcorders using next-generation, smaller DVDs in the Blu-ray format as early as 2005 to win a lead over a rival offering, a report said today.
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According to various news reports, Sony is likely to enter the movie-download market soon, putting the company in competition with Apple's iTunes, Microsoft's Xbox Live, and several other movie-download services.
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Metro-Goldwyn-Mayer, Hollywood's last major independent, is set to accept a Sony offer worth $5bn.
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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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Film giant Disney says it will produce its future DVDs using Sony&#39;s Blu-ray Disc technology, but has not ruled out a rival format developed by Toshiba.
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It is being billed as the DVD equivalent of the Betamax versus VHS video format battle of the early 1980s. Disney announced yesterday it has signed up to Sony&#39;s Blu-ray technology for the
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Comcast shareholders should be thrilled with the Sony-MGM deal.
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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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Sony's trying to encourage sales. But do consumers care about video?
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PHILADELPHIA/LOS ANGELES  - A group headed by Sony  Corp. of America on Monday agreed to buy Hollywood film studio  Metro-Goldwyn-Mayer for about $2.85 billion in cash to mine  MGM's lucrative library for the booming DVD market.
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WASHINGTON -- Sony Corp. is set to take over Hollywood film giant Metro-Goldwyn-Mayer Studios Inc. (MGM) for about 5 billion dollars, Sony officials said Monday.
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Sony may soon compete directly with Apple and its popular iPods and iTunes, producing its own movie download service and products, company officials said Tuesday.