News for Sep. 09, 2004

Sony: Still in Negotiations to Buy MGM

9/09/04, 2:58 pm EST - Xoanon

TOKYO (Reuters) - Japanese electronics and entertainment conglomerate Sony Corp said on Wednesday it was still in talks to buy the Metro-Goldwyn-Mayer Inc. film studio, which is also talking to Time Warner Inc. Sony's chief financial officer, Katsumi Ihara, said in a speech to investors in Tokyo that he could not go into details but that talks were continuing, a Sony spokesman who was present said. [More]