Sonywill Slug It Out with Time in Battle Formgm

Evening Standard - London › September 07, 2004

Linked as:

Summary

SONY is preparing to go head-tohead with Time Warner in a battle to buy Hollywood studio Metro-Goldwyn-Mayer, saying it was an essential acquisition if the company is to expand its film unit.

MGM has been in talks with potential buyers since April.

See the full content of this document

Extract

Sonywill Slug It Out with Time in Battle Formgm

"The deal is necessary for our picture business to grow in the longer term,'' chief financial officer Katsumi Ihar...

See the full content of this document