MGM Agrees to Launch Channel in Hong Kong
From Reuters
Film and TV studio Metro-Goldwyn-Mayer Inc. said its MGM Networks TV group and PCCW Ltd. had agreed to launch an MGM Channel on Hong Kong’s Now Broadband TV pay-television system.
The launch of the channel, which will show films from MGM’s 4,000-title library, highlights MGM’s strategy over the last two years to form TV ventures in overseas markets.
PCCW is the Hong Kong-based flagship operation for Asian communications company Pacific Century Group.
Financial details were not disclosed.
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