TVBizwire

News Corp., Time Warner Interested in MGM Bloomberg

News Corp., Time Warner and Qualia Capital LLC are interested in buying the MGM film studio, which said last week that it is considering a possible sale of the company, Bloomberg reports, citing sources.

The home of the James Bond franchise has about $4 billion in debt, but an analyst said it is unlikely to get more than $2 billion.

Sony Corp. may also be interested in buying at least part of the company; Lions Gate Entertainment has already expressed interest and Liberty Media Corp. has also said it will at least take a look.

--Elizabeth Jensen
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