Sony to buy MGM Sony announced its agreement to buy the assets of MGM/United Artists. Sony will pay a total of around $5 billion, including an assumption of debt. It beat out an offer from rival Time-Warner for the company. Several equity partners are backing the buy. In terms of market share, the #3 Hollywood… Continue reading
Sony to buy MGM
Sony
announced its agreement to buy the assets of MGM/United Artists. Sony
will pay a total of around $5 billion, including an assumption of debt.
It beat out an offer from rival Time-Warner for the company. Several
equity partners are backing the buy.
In terms of market share, the #3 Hollywood studio