Sony Group Locks Up MGM Acquisition
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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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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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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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A bidding group headlined by Sony Corp. (6758.T: Quote, Profile, Research) agreed in principle to buy Hollywood film studio Metro-Goldwyn-Mayer (MGM.
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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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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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Sony Corp. has reportedly reached a tentative deal to buy Hollywood studio Metro-Goldwyn-Mayer Inc. shortly after media giant Time Warner Inc.
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NEW YORK - A group of investors led by Sony Corp has agreed to buy Metro-Goldwyn-Mayer Inc for nearly $5 billion, US news reports said Monday.
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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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Sony Corp. is a step closer to acquiring famed Hollywood studio Metro-Goldwyn-Mayer Inc. in a &#36;3 billion deal that would give it a considerable library of more than 4,100 titles.
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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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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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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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Sony is the last of the four big record labels that have abandoned digital rights management software that limits how many times copies can be made of digital music.
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The Walt Disney Co. has postponed an expansion of its video-on-demand service while it explores partnerships that could result in a deal to include the service in set-top boxes, computers or other devices.
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DRM software stops digital files from being copied and has already seen heavy investment from Time Warner, Microsoft and Sony. Before the buy-out in April, the majority owner of ContentGuard