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   Friday, April 08, 2005  
Permalink R.I.P.

Metro Golden Mayer and United Artists are sold off today.

The deal, expected to close on Friday, for a consortium of companies (including Sony Corp.) to purchase the MGM assets for some $4.8 billion reminds us that in today's entertainment universe, it's all about selling DVDs.

Ted Turner was right: It's the library, stupid. All 4,000 titles.


CNN.com - Bye-bye, MGM

posted: by veggiedude: 4/08/2005 03:34:00 PM  

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