The James Bond series. The Pink Panther series. The Rocky series. The Wizard of Oz. Dances With Wolves. Doctor Zhivago. The Good, the Bad, and the Ugly.The Great Escape. Annie Hall. These are just a few of the 4,100 titles that line the shelves of Metro-Goldwyn-Mayer's
The venerable feline and his booty were caged last month by rival Sony
The world of home entertainment is evolving rapidly. Yesterday's VHS tapes are being quickly gnawed to pieces by DVD. Today, customers can have Netflix
Already a big player in the title zoo, Sony can now enter the Serengeti with elephants such as Time Warner
Grabbing the library was also essential for Sony given the coming advancements in home entertainment delivery. What it buys, competitors cannot have. The fewer titles available for the animal hordes to fight over, the more chance Sony will have to thrive.
Sony is also leveraging its position as a consumer electronics giant by establishing a joint venture with buyout partner Comcast
So for anyone who thought that libraries were boring, don't tell that to Sony. It is now well-positioned for the future of entertainment delivery, with the ability to generate some pretty healthy cash flow to boot.
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