Most Popular Online Movie Store Offers Over 500 Movies
LOS ANGELES and CUPERTINO, California—April 11, 2007—Metro-Goldwyn-Mayer Studios Inc. (MGM) and Apple® today announced that MGM is now offering titles from its prestigious catalog of feature films for purchase and download on the iTunes® Store (www.itunes.com). Beginning today, iTunes customers will be able to purchase legendary films such as “Dances With Wolves,” “Mad Max,” “The Great Train Robbery” and “Rocky,” with other titles to be added in the coming weeks. MGM has the largest modern film library in the world and has received 208 Academy Awards in its history, making it one of the biggest award winning collections of films in the world.
“It’s exciting to be bringing so many amazing films from our catalog to iTunes,” said Douglas A. Lee, MGM’s executive vice president of Worldwide Digital Media. “We have an unrivaled movie library and are looking forward to adding even more films in the future so users can take their favorite movies with them wherever they go.”
“More than two million movies have now been downloaded from the iTunes Store making it the world’s most popular online movie store,” said Eddy Cue, Apple’s vice president of iTunes. “We’re absolutely thrilled so many legendary MGM films are joining an iTunes film catalog that now has over 500 movies.”
Titles from MGM’s collection of blockbusters and classics that will be available on iTunes will include “The Thomas Crown Affair,” “Ronin,” and the acclaimed musical “Lilies of the Field.” Movies downloaded from the iTunes Store are downloaded in near-DVD quality at a resolution of 640×480 (up to 480, depending on the aspect ratio) and can be viewed on a computer, fifth generation iPod® or widescreen TV with Apple TV™.
The iTunes Store features the world’s largest catalog with over five million songs, 350 television shows and, with the addition of the MGM catalog, over 500 movies. The iTunes Store has sold over 2.5 billion songs, 50 million TV shows and over two million movies, making it the world’s most popular online music, TV and movie store.
Metro-Goldwyn-Mayer Inc., through its operating subsidiaries is actively engaged in the worldwide production and distribution of motion pictures, television programming, home video, interactive media, music and licensed merchandise. The company owns the world’s largest library of modern films, comprising around 4,000 titles. Operating units include Metro-Goldwyn-Mayer Studios Inc., Metro-Goldwyn-Mayer Pictures Inc., United Artists Films Inc., MGM Television Entertainment Inc., MGM Networks Inc., MGM Distribution Co., MGM International Television Distribution Inc., Metro-Goldwyn-Mayer Home Entertainment LLC, MGM ON STAGE, MGM Music, MGM Worldwide Digital Media, MGM Consumer Products and MGM Interactive. In addition, MGM has ownership interests in international TV channels reaching nearly 110 countries. MGM ownership is as follows: Providence Equity Partners (29%), TPG (21%), Sony Corporation of America (20%), Comcast (20%), DLJ Merchant Banking Partners (7%) and Quadrangle Group (3%). For more information, visit www.mgm.com.
Apple ignited the personal computer revolution in the 1970s with the Apple II and reinvented the personal computer in the 1980s with the Macintosh. Today, Apple continues to lead the industry in innovation with its award-winning computers, OS X operating system and iLife and professional applications. Apple is also spearheading the digital media revolution with its iPod portable music and video players and iTunes online store, and will enter the mobile phone market this year with its revolutionary iPhone.