Topic summary
Warner Home Video
Extracted from the Wikipedia article Warner Bros. Home Entertainment.
History
In 1990, Warner Home Video acquired the worldwide home video rights to the MGM/UA catalog. The $125 million purchase was used to finance MGM/UA's acquisition by the Pathé Communications Corporation. The intended 12½-year-long deal was cut short in February 2000, with MGM paying Warner Home Video $225 million to regain video rights to its 5,100-title film library. In exchange, Warner Home Video gained full control over the video rights to MGM's pre-1986 library, an asset the studio had acquired from Turner Entertainment Co., but due to a pre-existing licensing deal with MGM, was originally expected to expire in 2003.