The MGM Channel Secures Full MSO Carriage Across Ireland
June 05 2005 - 9:00PM
PR Newswire (US)
The MGM Channel Secures Full MSO Carriage Across Ireland The MGM
Channel to Launch on Chorus Digital Systems This Month NEW YORK and
LIMERICK, Ireland, June 5 /PRNewswire/ -- MGM Networks, a division
of Metro-Goldwyn-Mayer Studios Inc., has signed an agreement with
Chorus, a leading Irish provider of television, broadband Internet
and telephone services, for distribution of The MGM Channel in
Ireland. The MGM Channel will officially launch as part of Chorus'
digital basic package this month. The announcement was made today
by MGM Networks Executive Vice President Bruce Tuchman. (Logo:
http://www.newscom.com/cgi-bin/prnh/20011119/MGMLOGO ) "With this
agreement, The MGM Channel will now be distributed to all Chorus
and ntl digital subscribers in Ireland'," said Mr. Tuchman. "We
strongly believe in the potential of this growing market and have
made it our goal to gain distribution here. Chorus is a great
partner and we look forward to building a successful channel
business with them." In March this year, MGM Networks announced its
agreement with ntl, another multi-channel cable operator in
Ireland. The MGM Channel features a wide selection of titles from
the MGM movie catalog, the world's largest modern film library.
"The MGM Channel is a great addition to our digital package," said
Barry Johnson, Sales and Marketing Director of Chorus. "The MGM
brand is instantly recognizable and we believe it will be a real
asset in marketing this service to potential customers." Currently,
MGM branded channels reach nearly 120 countries and territories
worldwide, including 15 European countries: Ireland, Germany,
Austria, Switzerland, Spain, The Netherlands, Russia, Portugal,
Poland, Greece, Latvia, Cyprus, Iceland, Malta and Liechtenstein.
MGM branded channels also are available in a number of
local-language versions across Latin America, the Asia-Pacific
region and Africa. "Over the past three years, the number of
countries reached by our networks has increased four-fold,"
continued Mr. Tuchman. "The MGM Channel has truly become a
'must-have' channel across wide stretches of the world." About MGM
Networks MGM Networks manages Metro-Goldwyn-Mayer Studios Inc.'s
interests in MGM-branded networks, Hollywood film studio joint
venture channels and other programming services spanning markets
across Europe, North and South America, Asia, Oceana and Africa.
Metro-Goldwyn-Mayer Inc., parent company of Metro- Goldwyn-Mayer
Studios Inc., owns the world's largest library of modern films,
comprising approximately 4,000 titles, and over 10,400 episodes of
television programming. Its film library has received 208 Academy
Awards, one of the largest award winning collections in the world,
and includes numerous successful film franchises, including "James
Bond," "Pink Panther" and "Rocky." MGM is owned by an investor
consortium comprised of Sony Corporation of America, Providence
Equity Partners, Texas Pacific Group, Comcast Corporation and DLJ
Merchant Banking Partners. For more information, visit
http://www.mgm.com/. About Chorus With headquarters in Limerick,
Chorus is a leading provider of television, broadband Internet and
telephone services. Based on the companies operating statistics at
March 31, 2005, Chorus' networks reached approximately 725,000
homes and serviced over 202,000 customers (RGU's). These include
200,900 television and 900 broadband Internet customers. In
addition Chorus provides an indirect telephony service to over
4,000 customers. Chorus is a consolidated subsidiary of
UnitedGlobalCom, Inc. (NASDAQ:UCOMA). About UGC UnitedGlobalCom,
Inc. (UGC) is a leading international provider of television,
telephony and broadband Internet services with operations in 16
countries, including 13 countries in Europe. Based on the Company's
operating statistics at December 31, 2004, UGC's networks reached
approximately 16 million homes passed and served over 11.6 million
customers (RGUs), including approximately 9.5 million television
customers, 1.4 million broadband Internet customers, and 803,500
telephone customers. UGC's shares are traded on the Nasdaq National
Market, under the symbol "UCOMA". The Company is 53% owned by
Liberty Media International ("LMI"). Contact: Paige Taylor
Metro-Goldwyn-Mayer Inc. Tel: 310-449-3660 Email: Patricia Frith
Patricia Frith Marketing (for MGM Networks) Tel: 818 876-0480
(office) Mobile: +1 310 490-2368 Email: Edwina Gore Chorus Tel: 061
272822 Mobile: 087 6295323 Email:
http://www.newscom.com/cgi-bin/prnh/20011119/MGMLOGO
http://photoarchive.ap.org/ DATASOURCE: MGM Networks CONTACT: Paige
Taylor of Metro-Goldwyn-Mayer Inc., +1-310-449-3660, ; or Patricia
Frith of Patricia Frith Marketing, +1-818-876-0480, mobile
+1-310-490-2368, , for MGM Networks; or Edwina Gore of Chorus, 061
272822, mobile 087 6295323, Web site: http://www.mgm.com/
Copyright
Unitedglobalcom (NASDAQ:UCOMA)
Historical Stock Chart
From Oct 2024 to Nov 2024
Unitedglobalcom (NASDAQ:UCOMA)
Historical Stock Chart
From Nov 2023 to Nov 2024