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Sony in talks with MGM.(Japan)(Metro-Goldwyn-Mayer Inc.)(Brief Article)
Asia Pacific Telecom, May, 2004
Sony is rumored to be in talks with to buy Hollywood studio MGM. If successful, Sony would control more than 8,000 movie titles, or almost half of all the color films on the market right now. Sony is working with private equity firms Providence Equity and Texas Pacific Group.
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