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September 30, 2010

Chello Multicanal and Metro-Goldwyn-Mayer
launch MGM HD in Spain

The movie channel MGM HD will be available
on Movistar Imagenio

With a catalogue of 4,000 titles,
it will broadcast the best movies in HD mode 24/7

Chello Multicanal and MGM Worldwide Networks, a division of Metro-Goldwyn-Mayer, are launching in Spain the MGM HD movie channel, which will broadcast daily all its programming in high definition with a catalogue including more than 4,000 titles from the Metro-Goldwyn-Mayer library, the world’s largest collection of modern films.

Distributed in Spain by Chello Multicanal through a strategic alliance with Metro-Goldwyn-Mayer, the HD version of the MGM Channel will be available as of September 30th on Movistar Imagenio.

MGM HD aims at becoming the ultimate resource channel for serious movie fans, providing viewers with an array of ground-breaking content and exclusive premieres in 1080i HD from the MGM library. 24/7 programming with the best titles from the prestigious Metro-Goldwyn-Mayer studios, reference movies from all times that will be broadcast, for the first time, in HD.

Eduardo Zulueta, Managing Director of Chello Multicanal, emphasizes that “the launch of MGM HD reinforces the commitment of Chello Multicanal to offer the most diverse movie selection with the most advanced technology.”

“We are thrilled to be adding this new dimension to our relationship with Chello Multicanal, and honored to be the first HD channel rolled out by Spain’s leading independent channel provider. We are also pleased to welcome Imagenio as our first distributor of MGM HD in Spain, joining an elite group of platforms around the world that are catering to the growing high definition subscriber base, and the customzed HD channels that MGM is delivering to consumers hungry for the highest quality content experience”, explain Bruce Tuchman, President of MGM Worldwide Networks.

On its first day of HD broadcast, MGM will offer, first time in HD, “Some Like It Hot”, one of Billy Wilder’s representative films, starring Jack Lemmon, Tony Curtis and Marilyn Monroe; and “Moonstruck”, for which Cher won the Oscar® for Best Actress, among other titles.

Also, during the next days, the channel’s programming grid will feature "Bull Durham", starring Kevin Costner; "The Party", with Peter Sellers; "Moby Dick", with Gregory Peck or "The Night of the Hunter", starring Robert Mitchum. The Academy Award-winning "Raging Bull", “Blue Velvet” by David Lynch, “House of Games” by David Mamet or “Home for the Holidays” by Jodie Foster, are also some of the titles.

Chello Multicanal
Chello Multicanal is the leading independent provider of thematic television channels in Spain and Portugal. The company produces and distributes 18 television channels: Canal Hollywood, XTRM, Somos, MGM, Cinematk, Odisea, Natura, Canal Cocina, Decasa, Sol Música, Kidsco and Buzz. Canal de Historia and Bio are produced in the Iberian market through a Joint Venture with AETN. Canal Panda, Panda Biggs, Canal Hollywood and Mov are exclusively produced and distributed in the Portuguese market through DREAMIA, a 50/50 joint venture between Chello Multicanal and Zon Multimedia.

The company belongs to Chellomedia, the European content division of Liberty Global, one of the main cable operators worldwide.

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, Oceania and Africa. These networks are currently subscribed to by nearly 100 million households across more than 130 countries, and broadcast in two dozen 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.