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MGM Looking to Sell Entire Film Library and Studio
MGM Looking to Sell Entire Film Library and Studio
According to The Wall Street Journal, MGM is planning to sell its entire film studio which includes its wide and rich film library as well as TV-titles they’ve produced. The company, who has a reported market value of around $5.5 billion, has already tapped two investment banks -Morgan Stanley and Lion Tree LLC.- in order to kick-start the formal sale process.
According to the outlet, MGM is hoping that their vast library content would attract companies, who are interested in expanding into the streaming landscape. MGM currently has ownership on over 4000 titles and 17,000 hours of television programming. This includes big franchises such as the ....

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