MGM mania.

MGM MGM
in full Metro-Goldwyn-Mayer, Inc.

U.S. corporation and film studio. It was formed when the film distributor Marcus Loew, who bought Metro Pictures in 1920, merged it with the Goldwyn production company in 1924 and with Louis B. Mayer Pictures in 1925. Mania Mania

ancient Roman goddess of the dead. [Rom. Myth.: Zimmerman, 159]

See : Death : Metro-Goldwyn-Mayer Inc. was in play through the week. Time Warner Inc. was reported to be ready to pay about $4.5 billion. Then the studio's owner, billionaire Kirk Kerkorian Kerkor "Kirk" Kerkorian (Armenian: Քըրք Քըրքորյան) (born June 6, 1917) is an American billionaire, and president/CEO of Tracinda Corporation, his private holding , disputing a report that a $5 billion sale to Sony SONY Standard Oil of New York (common, but untrue; it's an urban legend) Corp. would be announced this week, said MGM remained on the block. Shares fell 8 percent to $11.13 on the announcement. MGM is "actively continuing" its considerations of strategic alternatives, the announcement stated. It was believed that Kerkorian, 87, preferred the all-cash Time Warner deal to the more complicated Sony offer.

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Title Annotation:	Metro-Goldwyn-Mayer Inc.
Publication:	Los Angeles Business Journal
Article Type:	Brief Article
Geographic Code:	9JAPA
Date:	Sep 6, 2004
Words:	93
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Topics:	Entertainment industry Investments Planning Film and video production companies Contracts Motion picture industry Contracts Video production companies Contracts

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