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(Image from article: "Netflix to Stream Films From Paramount, Lionsgate, MGM")

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Lions Gate Suggests Merger With MGM

Lions Gate has made a merger offer with Metro-Goldwyn-Mayer, a move that has the backing of Carl Icahn, who has financial interests in both movie studios.

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Netflix to Stream Films From Paramount, Lionsgate, MGM

In a sign that online streaming is coming to the forefront in Hollywood, films from Paramount Pictures, Lionsgate and Metro-Goldwyn-Mayer will appear on Netflix's streaming service just three months after they appear on pay television.

Senh: Here's yet another revenue source for movie studios. Netflix seems like it'll be the first successful company to bring online streaming to the masses.

TW, Lionsgate advance in MGM bidding

Round two of due diligence has begun in the process to find a buyer for MGM, with a couple Hollywood studios figuring among the half-dozen advancing bidders.

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