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11 items from 2017


Hulu’s ‘The Handmaid’s Tale’ Will ‘Spark a Lot of Debate,’ Exec Producer Says

4 hours ago | Variety - TV News | See recent Variety - TV News news »

The stars of “The Handmaid’s Tale” walked the carpet in Los Angeles on Tuesday evening ahead of the series premiere on Hulu Wednesday, but the spotlight was on Margaret Atwood, the novelist who conceived the dystopian narrative back in 1984.

As Atwood made her way down the carpet, she congratulated each star for their work on the series. However, they seemed more struck by the world she created over three decades ago. “No, thank you,” a stunned Alexis Bledel, who plays Ofglen, responded to Atwood after a hug and congratulations. “That is so amazing to hear from you.”

Bledel was joined by co-stars Elisabeth Moss, Ann Dowd, and executive producer Warren Littlefield, who all gathered in front of a sign that depicts a blurry handmaid with the word “object” etched on top of her face: a double entendre that defines the women as objects or possessions, but also the ways in which these women object to the »

- Sarah Ahern

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MGM TV Partners With Women of Wrestling for Unscripted Programming

20 April 2017 9:00 AM, PDT | Variety - TV News | See recent Variety - TV News news »

MGM Television has secured a deal with Women of Wrestling (Wow) to produce a range of unscripted programming, Variety has learned.

Wow was founded by David McLane, who previously launched the wrestling promotion the Gorgeous Ladies of Wrestling (Glow) in the 1980’s. The latter promotion will also be the subject of a Netflix scripted series of the same name, which premieres on June 23.

McLane, who is also the president of Wow, will work with MGM TV president Mark Burnett and MGM’s head of unscripted programming, Barry Poznick, to create content across networks, digital platforms, cable, and multicast networks.

This is MGM TV’s third partnership in the sports arena with “Lucha Underground” in its third season and its previously announced partnership with the Drone Racing League.

“Barry and I witnessed first-hand the enormous global fan base of professional wrestling with our team’s production of ‘Lucha Underground,’” Burnett said. “We »

- Joe Otterson

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MGM to become sole owner of Epix

5 April 2017 4:31 PM, PDT | ScreenDaily | See recent ScreenDaily news »

Company buys out co-founders Viacom, Lionsgate in $1bn deal.

MGM has acquired the 80.91% aggregate membership interests in the pay-tv network held by Viacom and Lionsgate in a deal worth approximately $1.032bn.

The transaction, announced on Wednesday, is based on a total Epix value of $1.275bn and gives MGM control over Epix’s four linear pay television channels: Epix, EPIX2, Epix Hits, Epix Drive-In.

Viacom and Lionsgate currently own 49.8% and 31.2% equity interests, respectively. 

This transaction is expected to close this month subject to regulatory approval and marks the latest plank in MGM’s strategic growth following the recent acquisition of United Artists Media Group. 

As part of the transaction, Viacom-owned Paramount Pictures and Lionsgate will continue to provide their first-run theatrical releases to Epix under multi-year agreements. 

MGM, Viacom and Lionsgate launched Epix in October 2009.

“The addition of Epix provides MGM with a premier distribution platform that complements our strong stable of new and library content in both »

- jeremykay67@gmail.com (Jeremy Kay)

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MGM Agrees To Pay $1B For Epix Shares Held By Paramount And Lionsgate

5 April 2017 1:33 PM, PDT | Deadline | See recent Deadline news »

MGM is about to become the sole owner of Epix with a deal to buy the stakes held by Viacom’s Paramount and Lionsgate that values the joint venture at $1.28 billion. MGM agreed to pay $1.03 billion for Viacom’s 49.8% interest and Lionsgate’s 31.2% of the premium network business. The partners expect the deal to close this month, following approval by antitrust officials. MGM chief Gary Barber says that Viacom and Lionsgate committed “to provide their theatrical releases… »

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MGM Agrees To Pay $1B For Epix Shares Held By Paramount And Lionsgate

5 April 2017 1:33 PM, PDT | Deadline TV | See recent Deadline TV news »

MGM is about to become the sole owner of Epix with a deal to buy the stakes held by Viacom’s Paramount and Lionsgate that values the joint venture at $1.28 billion. MGM agreed to pay $1.03 billion for Viacom’s 49.8% interest and Lionsgate’s 31.2% of the premium network business. The partners expect the deal to close this month, following approval by antitrust officials. MGM chief Gary Barber says that Viacom and Lionsgate committed “to provide their theatrical releases… »

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MGM Sets $1 Billion Deal to Buy Out Viacom and Lionsgate From Epix Partnership

5 April 2017 1:30 PM, PDT | Variety - TV News | See recent Variety - TV News news »

MGM has reached a $1 billion deal to take full ownership of the Epix pay TV venture, buying out the stakes held by Viacom and Lionsgate.

Viacom held 49.76% of Epix while Lionsgate owned 31.15% of the company, founded by the three studios in 2008. The deal values Epix at $1.275 billion in total.

The deal calls for Viacom’s Paramount Pictures and Lionsgate to continue licensing new theatrical releases and library titles to Epix’s linear channels and streaming service for a term of at least five to six years. The sale of the company had been expected ever since Lionsgate bought rival pay-tv group Starz last summer.

At that time, Lionsgate CEO Jon Feltheimer was clear that it planned to exit the Epix partnership as an owner in an effort to focus on Starz and bring in some extra coin on a non-core asset. In a Securities and Exchange Commission filing, Lionsgate said its share of the sale would be »

- Cynthia Littleton

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MGM To Double Content Spending In 2017 As TV Bolsters Q4 Financials

8 March 2017 12:53 PM, PST | Deadline | See recent Deadline news »

The specter of 2015’s successful James Bond film Spectre hovered over MGM’s financial results for Q4. But although film content revenue fell with no 2016 release that matched Bond, improvements in the TV business contributed to a lift in the bottom line. With the strong numbers, CEO Gary Barber told investors today that MGM plans to boost its content spending significantly this year to as much as $440 million, from $218 million in 2016. That will result in “meaningful… »

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MGM To Double Content Spending In 2017 As TV Bolsters Q4 Financials

8 March 2017 12:53 PM, PST | Deadline TV | See recent Deadline TV news »

The specter of 2015’s successful James Bond film Spectre hovered over MGM’s financial results for Q4. But although film content revenue fell with no 2016 release that matched Bond, improvements in the TV business contributed to a lift in the bottom line. With the strong numbers, CEO Gary Barber told investors today that MGM plans to boost its content spending significantly this year to as much as $440 million, from $218 million in 2016. That will result in “meaningful… »

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MGM Reports Strong 2016 Results Despite ‘Ben-Hur’ Losses

8 March 2017 11:38 AM, PST | Variety - Film News | See recent Variety - Film News news »

MGM Holdings Inc., the parent company of Metro-Goldwyn-Mayer Inc., has reported 2016 results that were 3% above the guidance it issued in September for adjusted Ebitda.

The studio said Wednesday that its results include $61 million of film impairment charges, mainly for “Ben-Hur.” The remake of the 1959 hit carried a $100 million budget and grossed a disappointing $94 million worldwide.

“MGM delivered another year of strong financial results,” said MGM chairman and chief executive officer Gary Barber. “Our overall performance was bolstered by the tremendous growth we achieved in our television business, which more than doubled in 2016. The increasing diversification of our premium content, combined with our extensive library and sound financial stewardship, puts us in a very favorable position to continue to deliver reliable financial performance and execute on our strategic growth initiatives.”

Related

Lionsgate in Talks to Sell Epix Stake to MGM, Viacom

The company posted total revenue of $1.2 billion, adjusted Ebitda »

- Dave McNary

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MGM Reports Strong 2016 Results Despite ‘Ben-Hur’ Losses

8 March 2017 11:38 AM, PST | Variety - TV News | See recent Variety - TV News news »

MGM Holdings Inc., the parent company of Metro-Goldwyn-Mayer Inc., has reported 2016 results that were 3% above the guidance it issued in September for adjusted Ebitda.

The studio said Wednesday that its results include $61 million of film impairment charges, mainly for “Ben-Hur.” The remake of the 1959 hit carried a $100 million budget and grossed a disappointing $94 million worldwide.

“MGM delivered another year of strong financial results,” said MGM chairman and chief executive officer Gary Barber. “Our overall performance was bolstered by the tremendous growth we achieved in our television business, which more than doubled in 2016. The increasing diversification of our premium content, combined with our extensive library and sound financial stewardship, puts us in a very favorable position to continue to deliver reliable financial performance and execute on our strategic growth initiatives.”

The company posted total revenue of $1.2 billion, adjusted Ebitda of $401 million and net income of $156 million. The adjusted Ebitda margin of 34% topped expectations of 30% for the year »

- Dave McNary

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Alicia Vikander as Lara Croft Revealed in Tomb Raider Reboot

6 February 2017 10:19 AM, PST | MovieWeb | See recent MovieWeb news »

It's been exactly two weeks since production started on MGM's highly-anticipated Tomb Raider reboot, but surprisingly, we haven't seen any photos from the set since director Roar Uthaug shared an image of the first film slate on the first day of filming. That all changed today, with a slew of new images giving us our first look at Alicia Vikander as Lara Croft. While little is known about the scene she is shooting, Alicia Vikander is seen swinging from a long wooden plank, while attached to a stunt harness.

The Daily Mail debuted these photos, which show that Alicia Vikander's hands were tied together during the shoot. It's possible that Lara Croft may be trying to escape from the main villain in this scene, who is played by Walton Goggins. Since Walton Goggins isn't seen in any of these photos, it remains unclear whether or not he's involved in this scene. »

- MovieWeb

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2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2004 | 2003

11 items from 2017


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