Cannes -- The art of putting on a party becomes trickier in straightened times, but even in the grimmest economic climate in 40 years, the show must go on -- and be promoted.
This year's Miptv sees its fair share of program launches, but whether it is a party at the Carlton or a launch on the stands, distributors are looking at creative low-cost ways to keep their shows on the road.
"This is not the time to be running and hiding; this is the time to be visible," MGM vp corporate communications Jeff Pryor said. "The challenge is to be visible but cost-effective. It's all about looking at things differently. The new economy is based on creativity."
MGM, which is promoting "Pink Panther 2," starring Steve Martin, is wooing buyers by hosting a wine tasting around its new specially created Pink Panther wine, Bordeaux Pink Panther Rose 2007, a new Appellation d'Origine...
This year's Miptv sees its fair share of program launches, but whether it is a party at the Carlton or a launch on the stands, distributors are looking at creative low-cost ways to keep their shows on the road.
"This is not the time to be running and hiding; this is the time to be visible," MGM vp corporate communications Jeff Pryor said. "The challenge is to be visible but cost-effective. It's all about looking at things differently. The new economy is based on creativity."
MGM, which is promoting "Pink Panther 2," starring Steve Martin, is wooing buyers by hosting a wine tasting around its new specially created Pink Panther wine, Bordeaux Pink Panther Rose 2007, a new Appellation d'Origine...
- 3/29/2009
- by By Mimi Turner
- The Hollywood Reporter - Movie News
Online video site YouTube has partnered with Hollywood studio Metro Goldwyn Mayer for a new deal that will allow full-length features and movie clips streaming on the site.
MGM has announced the deal with the online video giant on Monday. The deal, which basically gives away the studio's movies for free, would allow the company a share of the online advertising revenue YouTube gets.
As part of the deal, the two companies will join forces in identifying copyright clips from MGM's movies and shows.
MGM's VP for corporate communications, Jeff Pryor, tells NY Daily News, "You have to go where the audience is when they view the programming."...
MGM has announced the deal with the online video giant on Monday. The deal, which basically gives away the studio's movies for free, would allow the company a share of the online advertising revenue YouTube gets.
As part of the deal, the two companies will join forces in identifying copyright clips from MGM's movies and shows.
MGM's VP for corporate communications, Jeff Pryor, tells NY Daily News, "You have to go where the audience is when they view the programming."...
- 11/18/2008
- icelebz.com
MGM said Monday that it's not for sale but acknowledged retaining Goldman Sachs to pursue capital "enhancements."
Those include a new production fund that's expected to be announced "soon," MGM spokesman Jeff Pryor said.
Pryor declined to specify lenders on the financing or a deal amount. But sources familiar with the pending transaction said that the Royal Bank of Scotland will lead a more than $500 million financing that features a $340 million revolving credit facility and which should be buttoned up in three to six weeks.
Longer term, Goldman Sachs' strategic search could yield a new private-equity investment in the studio, a debt restructuring or even an initial pubic offering, Pryor said.
"Contrary to recent media reports, (MGM) is not for sale," the Lion said in a statement cleared by all current owners of the studio.
"There is no 'asking price' for the company," the studio said. "MGM's existing financing arrangements...
Those include a new production fund that's expected to be announced "soon," MGM spokesman Jeff Pryor said.
Pryor declined to specify lenders on the financing or a deal amount. But sources familiar with the pending transaction said that the Royal Bank of Scotland will lead a more than $500 million financing that features a $340 million revolving credit facility and which should be buttoned up in three to six weeks.
Longer term, Goldman Sachs' strategic search could yield a new private-equity investment in the studio, a debt restructuring or even an initial pubic offering, Pryor said.
"Contrary to recent media reports, (MGM) is not for sale," the Lion said in a statement cleared by all current owners of the studio.
"There is no 'asking price' for the company," the studio said. "MGM's existing financing arrangements...
- 8/25/2008
- by By Carl DiOrio
- The Hollywood Reporter - Movie News
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