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Wednesday, August 13, 2008

Comcast and MGM Announce Partnership to Launch Impact ...

Comcast and MGM Announce Partnership to Launch Impact ...

The First All-Action Video-On-Demand Network

LOS ANGELES, Aug. 13 /PRNewswire/ -- Comcast Corporation (NASDAQ:CMCSA)(NASDAQ:CMCSK), the nation's leading provider of entertainment, information and communications, and Metro-Goldwyn-Mayer Studios Inc. (MGM) today announced a partnership to launch Impact, the first video-on-demand (VOD) channel dedicated exclusively to action programming. The new channel, available first to Comcast customers this week, features a host of exciting and popular action films and television shows, many available in high-definition (HD), that will captivate adventure seekers and fans of action, one of the fastest growing movie categories at the box office.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080813/LAW522LOGO)

"The Comcast On Demand platform is the perfect environment for targeted marketable brands and programming," said Jim Packer, Co-President of MGM Worldwide Television. "With more than 1,000 titles in the MGM library that fit our new brand, I'm confident action fans will find Impact a one-stop destination for all of their action entertainment needs."

Within the first year, Impact will premiere many of the most successful films in action history, including movies from the James Bond series, Rocky, Magnificent Seven and RoboCop. Impact will also kick-off its programming with some of its most popular action stars from the MGM library such as Chuck Norris, Sylvester Stallone and Charles Bronson. As an ongoing part of this VOD channel, there will be special programming themes created around the popular action genres including thrillers, crime, espionage, westerns, war films and martial arts.

"We're excited to announce this partnership to launch an action-focused channel as movies are a very popular feature on VOD," said Matt Strauss, Senior Vice President, New Media, Comcast Cable. "MGM's vast library will give action fans access to their favorite movies at anytime through On Demand, with many available in HD, further complementing our growing HD offering."

The Impact VOD channel joins Comcast's current VOD line-up of blockbuster movies, new television series, the other new viewing choices that are part of the company's Project Infinity, a commitment to deliver exponentially more content choice on TV, including more HD, sports, movies, kids' programs and network TV shows.

Currently, Comcast's VOD lineup offers more than 10,000 unique selections each month, with more than 500 of those choices available at any given time in HD, and Comcast customers now are selecting On Demand more than 300 million times per month.

About Comcast Corporation

Comcast Corporation (NASDAQ:CMCSA)(NASDAQ:CMCSK) (http://www.comcast.com/) is the nation's leading provider of entertainment, information and communications products and services. With 24.6 million cable customers, 14.4 million high-speed Internet customers, and 5.6 million Comcast Digital 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 SportsNets networks and Comcast Interactive Media, which develops and operates Comcast's Internet businesses, including Comcast.net (http://www.comcast.net/). 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.

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 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 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/.

Comcast Media Contact: MGM Media
Alana Davis Jeff Pryor
(215) 286-5211 (310) 449-3446
alana_davis@comcast.comjpryor@mgm.com

First Call Analyst:
FCMN Contact: jpryor@mgm.com

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20080813/LAW522LOGO
AP Archive: http://photoarchive.ap.org/
PRN Photo Desk, photodesk@prnewswire.com
Source: Metro-Goldwyn-Mayer Inc.

CONTACT: Jeff Pryor of MGM, +1-310-449-3446, jpryor@mgm.com; or Alana
Davis of Comcast, +1-215-286-5211, alana_davis@comcast.com

Web site: http://www.mgm.com/
http://www.comcast.com/


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