Sony-Led Consortium Agrees to Purchase MGM
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A consortium led by Sony Corp. that includes cable television giant Comcast Corp. has entered into a definitive agreement to acquire venerable film studio Metro-Goldyn-Mayer, the parties said Thursday.
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The planned $3 billion deal would give Sony a library of more than 4,100 titles. Also: Vivendi says its recovery is almost complete, despite large losses & hellip;. Canon and Toshiba team up to produce next-generation flat display panels & hellip;. and more.
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LOS ANGELES : A group led by Japan&#39;s Sony Corp. has struck a tentative deal to acquire Metro-Goldwyn-Mayer movie studios for nearly five billion dollars, ending an era in Hollywood history.
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Wurld Media has concluded agreements with Sony BMG, Universal Music Group and Warner Music Group to facilitate the licensing of music exchanged on its peer-to-peer music network.
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The Associated Press is reporting that film and television studio Metro-Goldwyn-Mayer Inc. has agreed to let itself be bought out by a consortium headed by Sony.
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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 Pictures has quietly set up a joint venture with state-controlled China Film Group that will make digital television programmes and feature films.
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The payoff for Macrovision in its having acquired the online and print publisher of TV Guide's regular schedules, appears to have been swift and immediate with a deal that puts Macrovision equipment into Sony displays.
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TOKYO - Sony Corp. is banking on the $3 billion deal to acquire Hollywood studio Metro-Goldwyn-Mayer Inc...
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Video rental giant Hollywood Entertainment Corp. has agreed to a buyout offer of about $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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The proposed merger between Constellation and The Robert Mondavi Corp. has been finalised. The two companies yesterday (3 November) signed a definitive merger agreement in which Constellation will acquire
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A bidding group headlined by Sony Corp. (6758.T) agreed in principle to buy Hollywood film studio Metro-Goldwyn-Mayer  for nearly &#36;5 billion on Monday, after rival bidder Time Warner Inc.  withdrew from the auction.
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MGM, which is in the process of being sold to a group headed by Sony Corp., has insisted on a business-as-usual stance, but that business no longer involves the immediate production of a new James Bond movie.
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Japanese consumer electronic giant Sony is hoping to close a deal that will give it control of the famed MGM studio in the United States.
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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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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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The Japanese electronics giant struck an agreement to buy the fabled movie studio yesterday after rival Time Warner dropped out of the race.