Los Angeles (CA) - Metro Goldwyn Mayer (MGM) is reportedly in talks with cable and satellite providers to launch its first stateside TV network. The new channel would showcase its vast library of movies in high definition.
MGM has produced more than 4100 motion pictures in its 82-year history, a reported 1200 of which are available in hi-def.
In spite of its large library of HD movies, MGM has not really opened up to the HD market. Only a few have been released on an HD media format, most of which were co-produced by Blu-ray creator Sony. Additionally, many of its legacy films have never appeared on any of the existing HD movie channels.
"We've been developing the concept for the past year. We've talked to a lot of cable, satellite and telco companies, and people have been receptive," MGM executive VP Douglas Lee was quoted as saying in a TVWeek story.
Lee also made a reference to the DirecTV HD initiative, which aims to have 100 hi-def channels by the end of the year. The leading satellite provider has been able to get many other networks to come forward with HD feeds, including CNN, USA, FX, and The Weather Channel. Though the MGM HD channel has not yet been officially announced, it would likely appear on DirecTV first.
While it would be MGM's first owned-and-operated channel in the US, the movie studio already has experience maintaining a TV network. The MGM Channel, a standard-definition network, is currently in service in 120 foreign territories.