voyage to mars

Tuesday, September 14, 2004

Time Warner withdrew as a suitor for MGM today (Monday) after Sony sweetened its bid for the studio to nearly $5 billion over the weekend.

And so the dream of seeing The Hobbit on the big screen fades slowly, soon to die, dagnabbit. The distribution rights for that movie lie with MGM, while Warner - and New Line - holds the rights to make the movie. Oh, what a tangled web, etc. What are the chances Sony will relinquish their newly purchased rights? Slim to none.

Of course, with MGM's extensive library of films, Sony is all set to push the Blu-ray standard for the next generation of high definition video. Which is good. ¶ 09:06

Comments:

I believe it's more an issue of negotiating profit sharing, instead of relinquishing rights for a fixed sum. I don't think either side would expect the other to fully give up their piece of the pie.

I'm sure any sensibly run businesses like Sony and AOL/TW would at least discuss sharing their 2 halves of the Hobbit lottery ticket.

# posted by Anonymous : 8:41 PM

Post a Comment

<< Home

[voyage to mars]
un jeu de ragnar tornquist

"What we got on our hands here is a toe to toe...with Mars!"

ARCHIVES

01/01/2001 - 01/31/2001 / 05/01/2001 - 05/31/2001 / 06/01/2001 - 06/30/2001 / 07/01/2001 - 07/31/2001 / 08/01/2001 - 08/31/2001 / 09/01/2001 - 09/30/2001 / 11/01/2001 - 11/30/2001 / 12/01/2001 - 12/31/2001 / 01/01/2002 - 01/31/2002 / 02/01/2002 - 02/28/2002 / 03/01/2002 - 03/31/2002 / 04/01/2002 - 04/30/2002 / 05/01/2002 - 05/31/2002 / 06/01/2002 - 06/30/2002 / 07/01/2002 - 07/31/2002 / 08/01/2002 - 08/31/2002 / 09/01/2002 - 09/30/2002 / 10/01/2002 - 10/31/2002 / 11/01/2002 - 11/30/2002 / 12/01/2002 - 12/31/2002 / 01/01/2003 - 01/31/2003 / 02/01/2003 - 02/28/2003 / 03/01/2003 - 03/31/2003 / 04/01/2003 - 04/30/2003 / 05/01/2003 - 05/31/2003 / 06/01/2003 - 06/30/2003 / 07/01/2003 - 07/31/2003 / 08/01/2003 - 08/31/2003 / 09/01/2003 - 09/30/2003 / 10/01/2003 - 10/31/2003 / 11/01/2003 - 11/30/2003 / 12/01/2003 - 12/31/2003 / 01/01/2004 - 01/31/2004 / 02/01/2004 - 02/29/2004 / 03/01/2004 - 03/31/2004 / 04/01/2004 - 04/30/2004 / 05/01/2004 - 05/31/2004 / 06/01/2004 - 06/30/2004 / 07/01/2004 - 07/31/2004 / 08/01/2004 - 08/31/2004 / 09/01/2004 - 09/30/2004 / 10/01/2004 - 10/31/2004 / 11/01/2004 - 11/30/2004 / 12/01/2004 - 12/31/2004 / 01/01/2005 - 01/31/2005 / 02/01/2005 - 02/28/2005 / 03/01/2005 - 03/31/2005 / 04/01/2005 - 04/30/2005 /