Benjamin Kuo’s Blog

Rafat Ali at Paidcontent has the details here, dug up from an 8K filing. Movielink is the video-on-demand joint venture from MGM, Paramount, Sony, Universal, and WB. The studios have invested an amazing $148M in the venture, and according to the financials they are losing a spectacular $10M on not even $2M in revenues for the six months ended June 30, 2007.

This entry was posted on Thursday, October 25th, 2007 at 10:41 am and is filed under Hollywood. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.