April 28, 2009
MGM TO LAUNCH NEW HIGH DEFINITION CHANNEL IN BRAZIL - THE COMPANY’S FOURTH HD CHANNEL DEBUT
Latest Channel Launch Brings Localized Portuguese Language Version of
The MGM HD Channel to Audiences Throughout Brazil
Los Angeles, CA April 28, 2009 -- MGM Networks, a division of Metro-Goldwyn-Mayer Studios Inc., has announced today that it is launching a Portuguese language version of its MGM HD Channel, the 24/7 linear network delivering a robust library of classic and contemporary films in the 1080i high definition format, on SKY Brazil, the country’s leading satellite television service provider.
MGM HD will serve as a complement to the standard definition MGM Channel, which has been serving Brazil’s movie lovers since December 1997, offering SKY subscribers a unique viewing experience and separate programming schedule. The announcement was made today by Bruce Tuchman, President, MGM Networks.
Backed by the world’s largest modern film library, consisting of more than 4,100 film titles and winner of 209 Academy Awards®, MGM HD will offer a very compelling proposition in the expanding HD marketplace. In addition to classic MGM theatrical hits, MGM HD will be the ultimate resource for serious movie fans, providing viewers an array of original programming and new films, and Brazilian premieres of true 1080i HD content from the MGM library.
“MGM is committed to bringing the compelling HD viewing experience to movie lovers the world over as we continue to aggressively expand our HD presence internationally,” stated Tuchman. “SKY viewers in Brazil will enjoy the incomparable experience of viewing choice selections from the MGM library, the world’s largest modern film catalog, broadcast in the clarity of this amazing broadcast medium. We are also pleased to expand our relationship with SKY in Brazil, and thank them for their support and passion about this project, along with their many years of commitment to the MGM standard definition business. We are also looking forward to further expansion opportunities for our HD channels not just across Latin America, but throughout the global marketplace.”
Melvin Perez, President of MGM Networks Latin America, added: “It is with great pleasure that we announce the launch of MGM HD in Brazil, one of the first markets in the world to launch the original MGM Channel in standard definition. Throughout the years, we have developed an important connection with our audience in Brazil by customizing successful local programs such as Director’s Choice, where renowned Brazilian film makers like Bruno Barreto and Carla Camurati select and do commentary on the best productions from MGM’s vast libraries. Having MGM HD incorporated into our portfolio of channels takes our business to a higher level in an industry that is in constant change, and it shows that despite the global economic situation, HD technology is on a powerful upward trajectory and MGM Networks Latin America is thrilled to continue to participate in the growth of Pay TV’s future in the region.”
Brazil marks the fourth world market to launch a localized version of the MGM HD Channel, which debuted in Poland in December 2006. Following this first high definition launch, MGM rolled out the MGM HD Channel in the U.S. in October 2007. In April of 2008, the MGM HD Channel launched in Israel joining the existing standard definition MGM Channel in this key middle-eastern market. The MGM HD Channel launch in Brazil continues the studio’s aggressive and successful expansion drive for MGM Networks worldwide, in both standard and high definition, and across scores of markets on every inhabited continent.
MGM Networks Latin America now operates six channels: Standard Definition networks MGM Portugal, MGM Brazil, MGM Spanish Latin America, Casa Club TV Latin America, Casa Club TV USA Hispanic, and now the most recent launch, MGM HD in Brazil. Combined, these channels reach over 27 million households across 22 countries. MGM Networks Latin America, LLC is a joint venture between MGM Networks, a division of Metro Goldwyn-Mayer, Inc. and Liberty Global, Inc. (NASDAQ: LBTYA).
About MGM Networks
MGM Networks manages Metro-Goldwyn-Mayer Studios Inc.’s interests in MGM-branded networks, Hollywood film studio joint venture channels and other programming services spanning scores of markets across Europe, North and South America, Asia, Oceana and Africa. The MGM Channels are now available in tens of millions of homes throughout more than 125 countries around the world, and broadcast in 20 languages. For more information, visit www.mgmchannel.com.
About Metro-Goldwyn-Mayer Inc.
Metro-Goldwyn-Mayer Inc., through its operating subsidiaries is actively engaged in the worldwide production and distribution of motion pictures, television programming, home video, interactive media, music, and licensed merchandise. The company owns the world’s largest library of modern films, comprising around 4,100 titles. Operating units including Metro-Goldwyn-Mayer Studios Inc., Metro-Goldwyn-Mayer Pictures Inc., United Artists Films Inc., Ventanazul, MGM Television Entertainment Inc., MGM Networks Inc., MGM Distribution Co., MGM International Television Distribution Inc., Metro-Goldwyn-Mayer Home Entertainment LLC, MGM ON STAGE, MGM Music, MGM Consumer Products and MGM Interactive. In addition, MGM has ownership interests in international TV channels reaching over 125 countries and territories around the world. MGM ownership is currently as follows: Providence Equity Partners (29%), Texas Pacific Group (21%), Sony Corporation of America (20%), Comcast (20%), DLJ Merchant Banking Partners (7%) and Quadrangle Group (3%). For more information, visit www.mgm.com.