Sony seals purchase of MGM
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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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A group of companies led by Sony Corp. of America put a lock on its acquisition of film studio Metro-Goldwyn-Mayer Inc. for about $2.
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NEW YORK (Kyodo) A group of investors led by Sony Corp. said Thursday it has finalized a $4.9 billion acquisition deal with Hollywood film studio Metro-Goldwyn-Mayer Inc.
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A group of companies led by Sony Corp. of America put a lock on its acquisition of film studio Metro-Goldwyn-Mayer Inc. for about &#36;2.85 billion plus debt, giving it MGM's film library to exploit in DVD and newer digital media markets.
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On top of yesterday's news, DivX has now announced a partnership with Sony that will let retailers offer Sony Pictures Television titles for secure download in DivX format on DivX Certified consumer electronics devices.
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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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Sony Corp. and a group of investors said they&#39;ve agreed in principle to buy Metro-Goldwyn-Mayer Inc., the movie studio controlled by billionaire Kirk Kerkorian, for $12 a share, or about $2.
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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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LOS ANGELES - Hollywood film studio Metro-Goldwyn-Mayer is to be bought for about US$2.85 billion ($4.4 billion) by a group headed by Sony of America.
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Sony Corp. and a group of investors reached a final agreement to buy Metro-Goldwyn-Mayer Inc. for US$12 a share, or about US$2.9 billion, to gain control of one of the world&#39;s largest film libraries.
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Film studio Metro-Goldwyn-Mayer Inc. Tuesday reported a net loss in the third quarter on lower revenue as the company prepares to be purchased by a consortium led by Sony Corp.
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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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consortium led by the Sony Corporation of America reached a tentative agreement today to buy Metro-Goldwyn-Mayer, the Hollywood studio famous for James Bond and the Pink Panther, for
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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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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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Sony and Walt Disney yesterday received regulatory approval from Brussels for a video-on-demand service that will compete with BSkyB&#39;s film channels.
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It stopped its MGM bid -- again -- citing financial discipline. But even if Sony buys the studio, problems may emerge down the road.