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The MGM Channel Signs More Agreements in Greater China and Southeast Asia
LOS ANGELES, CA -- MGM Networks, a unit of Metro-Goldwyn-Mayer Inc., 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.
"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
Website: 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.
Website: www.cnbcasia.com
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