MGM Names Vinicio Espinosa Vice President, Latin American Television Distribution

MGM Names Vinicio Espinosa Vice President, Latin American Television Distribution

Executive To Oversee All TV Efforts For The Studio In Latin America

LOS ANGELES, July 18, 2011 /PRNewswire/ -- Vinicio Espinosa has been appointed Vice President, Latin American Television Distribution for MGM, it was announced today by the studio's Chris Ottinger, President of International Television Distribution and Acquisitions.

"Vinicio's depth of experience in both Spanish-speaking Latin America and Brazil will be an invaluable asset as we seek to grow our television business and we're so thrilled to have him on board," said Ottinger.

Espinosa will oversee television efforts in Latin America for MGM, with a focus on expanding and strengthening the studio's presence in the region, in addition to servicing existing buyers in pan-regional pay TV, basic cable and free TV. He will report to Ottinger.

Espinosa re-joins MGM from Corisco Films, a Brazilian motion picture production company where he served as COO. At Corisco, he was responsible for establishing the company's operations in Rio de Janeiro, as well as developing relationships with creative talent and overseeing the development of seven feature length motion pictures currently in pre-production. Prior to Corisco Films, Espinosa worked with MGM's Corporate Development team. Espinosa started his career at JP Morgan Chase in New York City, followed by IB Partners in Santiago, Chile, where he covered M&A transactions in Latin America.

About Metro-Goldwyn-Mayer Studios Inc.

Metro-Goldwyn-Mayer Studios Inc. 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., 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 Consumer Products and MGM Interactive. In addition, MGM has ownership interests in domestic and international TV channels reaching over 130 countries. For more information, visit www.mgm.com.

SOURCE Metro-Goldwyn-Mayer Studios Inc.

Metro-Goldwyn-Mayer Studios Inc.

CONTACT: Jayna Zelman, Vice President, Rubenstein Communications, Inc., +1-212-843-8044, jzelman@rubenstein.com, for MGM

Web Site: http://www.mgm.com

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