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News Corp., Time Warner Interested in MGM

Nov 23, 2009  •  Post A Comment

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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One Comment

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