MGM HD Signs Time Warner Cable Affiliate Agreement

MGM HD Signs Time Warner Cable Affiliate Agreement

LOS ANGELES, May 19 /PRNewswire/ -- MGM HD, the high definition channel from Metro-Goldwyn-Mayer has signed an affiliate agreement with Time Warner Cable Inc. (NYSE:TWC) to provide MGM HD to Time Warner Cable customers. The announcement was made today by Douglas A. Lee, Executive Vice President of Worldwide Digital Media, MGM.

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"This is a great opportunity for us to make MGM HD available to more consumers across the country," said Lee. "With our deals with Time Warner Cable and other leading cable companies, MGM HD has gained tremendous momentum and is ideally poised and ready to capitalize on the opportunities for HD content across the US marketplace."

Added Melinda Witmer, Executive Vice President and Chief Programming Officer for Time Warner Cable: "MGM HD will help attract new HD customers to Time Warner Cable and will also give our existing HD customers access to an even wider array of high-definition entertainment programming."

About MGM HD

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.

About Time Warner Cable

Time Warner Cable is the second-largest cable operator in the U.S., with technologically advanced, well-clustered systems located mainly in five geographic areas -- New York State (including New York City), the Carolinas, Ohio, southern California (including Los Angeles) and Texas. As of March 31, 2008, Time Warner Cable served approximately 14.7 million customers who subscribed to one or more of its video, high-speed data and voice services, representing approximately 33.0 million revenue generating units.

About Metro-Goldwyn-Mayer Inc.

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 4,100 titles. Operating units include Metro-Goldwyn-Mayer Studios Inc., Metro-Goldwyn-Mayer Pictures Inc., United Artists Films Inc., Ventanazul, MGM Television Entertainment Inc., MGM Networks Inc., MGM Domestic Networks LLC, MGM Distribution Co, MGM International Television Distribution In, 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 120 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 http://www.mgm.com/.

Contact:
Time Warner Cable
Robyn Watson
212.364.8296
robyn.watson@twcable.com

MGM
Jeff Pryor
Executive Vice President/Corporate Communications
p. 310-449-3446; e. jpryor@mgm.com

First Call Analyst:
FCMN Contact:

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Source: MGM

CONTACT: Robyn Watson of Time Warner Cable, +1-212-364-8296,
robyn.watson@twcable.com; or Jeff Pryor, Executive Vice President-Corporate
Communications of MGM, +1-310-449-3446, jpryor@mgm.com

Web site:

http://www.mgm.com/

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