September 19, 2007 |
Banking on the future of high-definition television, Metro-Goldwyn-Mayer Inc. is launching a movie channel next month on the DirecTV satellite service that will be the studio's first channel in the United States. MGM HD will offer movies from its own 4,100-title library, initially screening such films as "West Side Story," "Robocop" and "Leaving Las Vegas."
August 28, 2007 |
For nearly a decade, actress Salma Hayek and her production partner, José Tamez, have been trying to launch a mini-studio that caters to the Latino audience. They're finally getting some traction, thanks in part to the success of "Ugly Betty," the popular television show they produce for ABC that is based on a Colombian soap opera, "Yo Soy Betty, la Fea," and "Frida," the 2002 biography of artist Frida Kahlo in which Hayek also starred.
July 2, 2007 |
Director Nicolas Lopez gave Hollywood the cold shoulder two years ago, when he was asked to produce a remake of "Revenge of the Nerds." The 24-year-old Chilean had his own creative visions, and he persuaded the Spanish producers behind this year's hit, "Pan's Labyrinth," to fork over $7 million for his superhero comedy, "Santos." With that movie under his belt, Lopez is giving Hollywood another try.
April 12, 2007 |
Apple Inc. has started selling movies from Metro-Goldwyn-Mayer Studios Inc.'s film library on its iTunes website, advancing an effort to obtain material that can be downloaded and played on Apple's iPod and a new set-top box. MGM is selling rights to about 100 movies to Apple, said Derek Mains, a spokesman for Cupertino, Calif.-based Apple. Films from MGM boost the iTunes catalog to more than 500 films. MGM won't be offering new releases, Mains said. The titles will sell for $9.99 each.
April 10, 2007 |
Seeking to tap into the growing Latino market in the United States, Metro-Goldwyn-Mayer Inc. has partnered with actress Salma Hayek to make two to four Latin-themed movies a year. Hayek's production company, Ventanazul, will be housed at MGM and will be charged with making broad appeal films that star Latino talent or have Latin sensibilities. The studio will finance the movies, which will have budgets ranging from $5 million to $25 million.
October 20, 2006 |
When Metro-Goldwyn-Mayer Inc. went on the block in 2004, Sony Corp.'s Howard Stringer so lusted after the studio's coveted library that he told his boss he would resign if he didn't win a last-minute bidding war with Time Warner Inc. Stringer, who at the time headed Sony's U.S. arm, figured the library's 4,000 film titles would give Sony more clout with DVD retailers and fuel the growth of its high-definition Blu-ray technology.