MGM


MGM to buy all of Epix

Hollywood studio Metro-Goldwin-Mayer is to buy Viacom and Lionsgate out of premium cable channel Epix. MGM will pay around US$1.03 billion to acquire the 80.91% of Epix it doesn’t already own. The ownership change comes after Lionsgate acquired Epix rival Starz in a US$4.4 billion deal, and made intentions to remove itself from Epix public. […]

Love Nature hires ex-Warner Bros., MGM exec

Factual SVOD service Love Nature has hired a director of partnerships, Vince Petersen. Operating out of Love Nature’s London office, Petersen will focus on driving subscription growth in the SVOD space, and take the territory lead for Germany, Austria, Switzerland and France. He joins from TV technology company Netgem, where he was head of international […]

AR and VR investments reach $2.3bn

The amount of money invested last year in virtual and augmented reality companies more than tripled compared to 2015, according to new research. Digi-Capital’s new ‘Augmented/Virtual Reality Report and Deals Database’ said that venture capitalists and corporate investors put US$2.3 billion into AR and VR startups in 2016, compared to some US$700m in 2015. AR […]

Lionsgate ‘in talks to sell Epix stake’

Lionsgate Entertainment is reportedly set to offload its stake in US premium cable channel Epix to its joint venture partners, Viacom and MGM. According to Reuters citing unnamed sources, Lionsgate has initiated talks with MGM Holdings and Viacom’s film arm, Paramount Pictures, over a deal. Lionsgate has just completed its US$4.4 billion takeover of pay […]

Epix poaches BBCWW exec for content sales

US premium network Epix has poached a high-ranking BBC Worldwide America distribution executive. Sandy Ashendorf (pictured) has been named executive VP, content distribution at the channel, heading network distribution partnerships on all platforms. She was previously EVP, distribution, at the commercially-focused US arm of UK pubcaster the BBC. Before that, she had spent 17 years […]

Mark Burnett launching Light TV channel

Mark Burnett, Roma Downey and MGM are launching Light TV, a new family and faith-based digital channel. MGM TV boss and US producer Burnett and his wife Downey already run faith-based prodco LightWorkers Media, and their new net will run as a local digital channel in the US. It will launch in partnership with Fox’s […]

James Bond spies Canadian SVOD deal

CraveTV has scooped the rights to the James Bond library of films, giving it classic and upcoming movies featuring the famous British spy. Canadian SVOD service CraveTV, which is ultimately owned by telco Bell, has inked a programming deal with MGM for the 007 Collection, which covers 50 years of Bond and includes films featuring […]

Ericsson SVOD net buys 2,500 hours

The upcoming subscription VOD service from TV tech company Ericsson has acquired more than 2,500 hours of programming from major international distributors. Nuvu, which was created for distribution via African mobile operators, will get the programming through agreements with Viacom, MGM, CBS, Al Jazeera, DHX Media and Mattel, among others. This hands the Nigerian service […]

Former AMC int’l chief: ‘niche SVOD is the future’

Niche SVOD services will continue to gain ground in a world where launching new linear services is now ‘implausible’, says former AMC and MGM international boss Bruce Tuchman. In an article for TBIvision.com, Tuchman (pictured), now a media investor and board member of TV analytics specialist Parrot, notes the likes of CrunchyRoll, WWE Network and […]

Viewpoint: SVOD’s niche future

What do such disparate brands as CBS All Access, CrunchyRoll, WWE Network and Eros on Demand have in common?  All of these are specialised OTT-delivered SVOD services with over one million subscribers, and are growing fast. Not so long ago, people were still skeptical about Netflix’s future. That time is past, and it’s no longer […]