MGM Beefs Up US HD Channel With Verizon FiOS TV Distribution
LOS ANGELES, Jan. 23 /PRNewswire/ -- Continuing to capitalize on the opportunities created by the recent growth in high definition television, Metro-Goldwyn-Mayer Studios Inc. (MGM) has secured carriage for its MGM HD Channel on Verizon's FiOS TV service, bringing feature film hits from the MGM library to Verizon FiOS TV subscriber households in full high definition splendor. The announcement was made today by Douglas A. Lee, Executive Vice President of Worldwide Digital Media for Metro-Goldwyn-Mayer Studios and Jim Packer, Co-President, MGM Worldwide Television.
"The response to the MGM HD Channel, even in today's 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 in announcing the Verizon FiOS TV
agreement. "We are one of the only services available 24/7 in full 1080i
HD."MGM HD will be rolled out in late 2008 across all of the Verizon FiOS
TV systems including California, Delaware, Florida, Indiana, Maryland,
Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Rhode Island,
Texas and Virginia.
Taking the lead among Hollywood studios to convert substantial
theatrical library assets to the superior broadcasting format of high
definition, MGM HD has already proven its popularity with consumers in the
U.S., having previously launched on DirecTV in October of 2007. MGM
Chairman and CEO Harry Sloan's initiative is to launch MGM branded HD
channels around the world.
Backed by the world's largest modern film library, consisting of more
than 4,100 film titles and winner of 209 Academy Awards(R), MGM HD has a
distinct advantage over the competition in the expanding HD marketplace. In
addition to classic MGM theatrical hits, MGM HD will be the ultimate
resource for serious movie fans, offering viewers an array of original
programming and new content.
Audiences can look forward to exclusive behind the scenes coverage of
red carpet events, sneak peeks at new films in production, seasonal
promotions and world premieres of newly re-mastered hits from the MGM