Hollywood's MGM strengthen HD channel with Verizon FiOS TV
Metro Goldwyn Mayer Studios Inc. (MGM) on Wednesday revealed that it acquired a carriage for its MGM HD Channel on Verizon's FiOS TV service enabling it to transfer feature film hits from the MGM library to Verizon FiOS TV subscriber households in full high definition.
Douglas A. Lee, Executive Vice President, Worldwide Digital Media for MGM and Jim Packer, MGM World Television, said MGM HD will be available late 2008 across all the Verizon FiOS TV systems including California, Delaware, Florida, Indiana, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Texas and Virginia.
The response to the MGM HD Channel, even in todays crowded and challenging marketplace, has been very encouraging, especially as consumers validate our belief that HDTV owners value movies along with sports as HD's greatest viewing proposition, said Lee.
MGM is one of the major Hollywood studios that convert theatrical library assets to the superior broadcasting format of high definition.
Last year, MGM launched DirecTV and has gained much popularity in the U.S. market.
MGM is aiming at launching MGM branded HD channels around the world, said Harry Sloan, Chairman and CEO MGM.
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