Sony still pursuing in MGM
Variety today reported on statements by Sony's CFO Katsumi Ihara that indicated that Sony believed the purchase of MGM was needed to insure the continued health of its Pictures group. The article does point out that Sony, with a relatively small library compared to MGM's over 4,000 titles and certainly smaller than WB -- which is either tied with or second only to MGM -- would experience much greater gains with access to the titles that would become available to them. (see article)
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For a couple of good pieces further describing the MGM affair, take a look at this rundown on the MI6 website, seemingly devoted to all things Bond and this piece in the Movie Marketing Blog on July 19, 2004.
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