MGM and Comcast Bring Consumers More High-Def Movies Through MGM HD

MGM HD, the high definition movie channel from Metro-Goldwyn-Mayer, today announced it has signed an affiliate agreement with Comcast Corporation, the nation's leading provider of entertainment, information and communications. This new agreement between MGM and Comcast will provide Comcast the ability to distribute the network to its high-definition (HD) customers with hundreds of HD movies from MGM's expansive library.

Comcast's HD customers will be able to enjoy award-winning classic and contemporary films from MGM on both Comcast's linear line-up as well as its signature video-on-demand (VOD) service, which offers more than 10,000 selections each month.

"This is another step in growing the incredible opportunities that exist between MGM and Comcast and deepens our strategic relationship," said Jim Packer co-President Worldwide Television, MGM. "We are very excited to be able to offer MGM HD to Comcast's HD customers and think that the channel will be a wonderful complement to the company's HD initiatives."

"As more people are watching movies in HD, Comcast is a one-stop destination for all of the hits, new and old," Matt Bond, Executive Vice President, Content Acquisition for Comcast Cable. "This agreement brings a wealth of quality MGM films to our customers and adds to our growing library of hundreds of HD choices we currently offer."

Backed by the world's largest modern film library, consisting of more than 4,100 film titles (which have earned 209 Academy Awards(R) collectively), MGM HD has a distinct advantage over the competition in the expanding HD marketplace. In addition to classic MGM theatrical hits, MGM HD is the ultimate resource for serious movie fans, offering viewers an array of original programming and new content. Audiences can look forward to exclusive behind the scenes coverage of red carpet events, sneak peeks at new films in production, seasonal promotions and world premieres of newly re-mastered hits from the MGM library.

MGM HD, the studio's first wholly-owned channel in the United States, delivers a robust library of classic and contemporary films in high definition, 1080i. MGM HD is the ultimate resource for serious movie fans. MGM HD is composed of a 24/7 linear network, a companion MGM HD VOD offering, and mgmhd.com. It draws from the largest modern film library in the world. And with world premieres of newly re-mastered hits and exclusive original programming, MGM HD is the way movies were meant to be seen.

Comcast Corporation (Nasdaq: CMCSA, CMCSK) (http://www.comcast.com) is the nation's leading provider of entertainment, information and communications products and services. With 24.7 million cable customers, 14.1 million high- speed Internet customers, and 5.2 million voice customers, Comcast is principally involved in the development, management and operation of broadband cable systems and in the delivery of programming content.

Comcast's content networks and investments include E! Entertainment Television, Style Network, The Golf Channel, VERSUS, G4, PBS KIDS Sprout, TV One, ten Comcast SportsNet networks and Comcast Interactive Media, which develops and operates Comcast's Internet business. Comcast also has a majority ownership in Comcast-Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia.

Source: MGM