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TUESDAY, NOVEMBER 24, 2009
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Movie Studios to Create Premium Channel

MGM, Paramount, Lionsgate joint venture would target HBO

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(Newser) – Paramount Pictures, MGM Studios, and Lionsgate are creating a premium TV channel to compete with HBO and Showtime, reports the Los Angeles Times, which currently showcase their programming. The joint venture comes as those same channels look to pay studios less for movies and pursue production of their own content.

Programming on the channel, scheduled to launch in September 2009, will draw on extensive TV and movie libraries and original programming from the three studios and affiliates United Artists and Paramount Vantage. The as-yet-unnamed channel will have access to hit movies such as the Saw and James Bond franchises as well as upcoming films like Iron Man, Pink Panther 2, and The Love Guru.

Media conglomerate Viacom Inc. owns MTV, Comedy Central and Paramount Pictures. MTV Networks will provide marketing and affiliate services for the new premium channel.
Media conglomerate Viacom Inc. owns MTV, Comedy Central and Paramount Pictures. MTV Networks will provide marketing and affiliate services for the new premium channel.   (AP Photo/Mark Lennihan)
Daniel Craig plays super spy James Bond for the movie Quantum of Solace. The James Bond series is one of several movies that will be available to a new TV channel created by a studio alliance.
Daniel Craig plays super spy James Bond for the movie Quantum of Solace. The James Bond series is one of several movies that will be available to a new TV channel created by a studio alliance.   (AP Photo/HO)
The channel will have access to movie releases from Paramount Pictures, including Mike Myers'
The channel will have access to movie releases from Paramount Pictures, including Mike Myers' "The Love Guru."   (AP Photo/Paramount Pictures, George Kraychyk)
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