LOS ANGELES, Calif., Oct. 28 --PRNewswire-AsiaNet/InfoQuest
On First Anniversary There, Channel Adds Taiwan and Malaysia
to Rapidly Growing Presence
MGM Networks, a unit of Metro-Goldwyn-Mayer Inc. (NYSE: MGM), has launched The MGM Channel in Taiwan and signed an agreement to launch the channel in Malaysia in coming months. Since debuting a customized MGM-branded channel a
year ago in Hong Kong for the Greater China and Southeast Asia market, The MGM
Channel has extended its reach into seven of the region's most important
countries and territories. The MGM Channel is produced and distributed in the
region by MGM Networks through a strategic alliance with CNBC Asia Pacific.
( Logo: http://www.newscom.com/cgi-bin/prnh/20011119/MGMLOGO )
"Distributors across Greater China and Southeast Asia have greeted The MGM Channel with a level of enthusiasm far beyond our original expectations," said Bruce Tuchman, executive vice president of MGM Networks. "We are so pleased to add the key markets of Taiwan and Malaysia to the channel's current reach in
Hong Kong, Singapore, Indonesia, Macau and Thailand."
In Taiwan, The MGM Channel can now be seen via Taiwan Broadband
Communications, one of the market's leading cable operators. In Malaysia, The
MGM Channel will soon be seen on the country's newest Pay-TV platform, MiTV,
which is backed by Vincent Tan.
"CNBC Asia Pacific could not be happier about our strategic alliance with MGM and the success we are having in the marketplace," said Alexander P. Brown, president and CEO of CNBC Asia Pacific. "It's gratifying to see that the
marriage of our two organizations' complementary commercial strengths and
creative capabilities have been so well-received in the region."
"As we arrive later this month at CASBAA, we are very honored to have
earned the support of so many of the region's leading distribution platforms,"
said Courtney Williams, MGM Networks' vice president, international sales and
marketing. "At CASBAA, and as we move forward, we are looking forward to taking
these relationships to even greater heights, as well as forging new
distribution partnerships all across the region."
"The MGM Channel's first year of operations is a great story about reaching out to our viewers and distributors," said Shawn Galey, CNBC Asia Pacific's vice president, business and legal affairs. "With even more exciting MGM movie titles coming to the channel, we look forward to building upon the strong foundation that we have formed in the past 12 months.
"Separately, MGM Networks holds interests in MGM-branded and other channels reaching scores of countries and territories worldwide. In the Asia-Pacific region, these interests include two branded channels in Korea and one in New Zealand. In addition, branded MGM Channels reach millions of subscribers across Europe, Latin America and Africa. Among MGM Networks' latest channel launches are The MGM Channel in Spain, which launched this summer and a Russian-language version of The MGM Channel, which is scheduled to launch to subscribers in Russia and Latvia later this fall.
About Metro-Goldwyn-Mayer Inc.
Metro-Goldwyn-Mayer Inc. (NYSE: MGM), through its Metro-Goldwyn-Mayer
Studios Inc. subsidiary, is actively engaged in the worldwide production and
distribution of motion pictures, television programming, home video,
interactive media, music and licensed merchandise. The company owns the world's
largest library of modern films, comprising about 4,000 titles. Operating units
include MGM Pictures, United Artists, MGM Television Entertainment, MGM
Networks, MGM Distribution Co., MGM Worldwide Television Distribution, MGM Home
Entertainment, MGM On Stage, MGM Consumer Products, MGM Music, MGM Interactive
and MGM Direct. In addition, MGM has interests in international TV channels and
branded-programming blocks that reach nearly 120 countries and territories
around the world. For more information, visit www.mgm.com.
About CNBC Asia Pacific
CNBC is the undisputed world leader in business news and information,
providing viewers the world over with insights, analysis and real-time access
to market data and indispensable business information.
Headquartered in Singapore, CNBC Asia Pacific is a business news and
information service of NBC Universal and Dow Jones & Company. NBC Universal is
the broadcasting unit of General Electric Company, one of the most successful
companies in the world; Dow Jones, the publisher of The Wall Street Journal and
its international and online editions, is a provider of vital world business
and financial information.
CNBC Asia Pacific's channels -- CNBC Asia, CNBC-TV18 (India), Nikkei-CNBC (Japan), MBN-CNBC (Korea), CNBC Australia, CNBC Singapore and CNBC Hong Kong -- are available in more than 35 million homes across the Asia Pacific region. CNBC also has a strategic alliance with China Business Network, a wholly owned subsidiary of the Shanghai Media Group. The channels are distributed via
satellite, cable and terrestrial broadcast networks. The website address is
www.cnbcasia.com.
For further information, please contact: Omar Gepiga of MGM Channel --
Asia, +65-6326-1122, [email protected], for Metro-Goldwyn-Mayer Inc.
SOURCE: Metro-Goldwyn-Mayer Inc.
CONTACT: Omar Gepiga of MGM Channel -- Asia
+65-6326-1122, [email protected]
FCMN Contact:
[email protected]
Photo: NewsCom:
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Web site: http://www.mgm.com
--Distributed by AsiaNet (www.asianetnews.net)--