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Harry Sloan And Jeff Sagansky Pay $430M To Create Inflight Entertainment Colossus

By DAVID LIEBERMAN, Executive Editor | Thursday November 8, 2012 @ 10:21am PSTTags: Big Deals Film, Big Deals TV, Harry E. Sloan, Jeff Sagansky

The Hollywood veterans’ publicly traded Global Eagle Acquisition has agreed to offer stock valued at $430M to buy two companies that will give them a leg up in the fast-growing inflight entertainment business. They’re acquiring Row 44, a satellite connectivity firm, and content company Advanced Inflight Alliance. The combined enterprise will trade on NASDAQ. “This is exactly the kind of worldwide digital media opportunity we’ve been seeking for Global Eagle since our IPO; and this is also a platform for Jeff and me to utilize our media and content relationships and experience to drive expansion and enhancement of inflight content and programming around the world, ” says Global Eagle CEO Harry Sloan who was formerly chief of Metro-Goldwyn Mayer Studios. His company’s co-founder, Jeff Sagansky, was a top exec at Sony Pictures and CBS.

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MGM Creates New Finance Prez/CFO Gig

By NIKKI FINKE, Editor in Chief | Tuesday May 13, 2008 @ 7:55am PDTTags: Finance, Harry E. Sloan, MGM, Studios

mgmlogosmall.jpgIt sounds like this is the guy who’ll know where MGM’s money is gonna come from. MGM today announced Bedi A. Singh, most recently the exec VP/CFO of Gemstar-TV Guide … Read More »

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Hey, What’s With MGM’s Hiring Spree?

By NIKKI FINKE, Editor in Chief | Friday March 14, 2008 @ 10:40am PDTTags: Harry E. Sloan, Hollywood, Mary Parent, MGM, Russell Schwartz, Studios

One day after Mary Parent’s appointment, Hollywood wants to know where all this money is coming from to revitalize the studio. The town is starting to wonder if maybe Harry Sloan is using Parent as bait to attract big bucks. Meanwhile, ousted New Line marketing dude Russell Schwartz is coming to MGM but only to consult/help … Read More »

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Desperate MGM Studios Throws Hail Mary

By NIKKI FINKE, Editor in Chief | Thursday March 13, 2008 @ 7:05am PDTTags: Harry E. Sloan, Mary Parent, MGM, Studios

Mary Parent Named Chairperson, Worldwide Motion Picture Group, MGMLOS ANGELES, CA March 13, 2008 – Heralding an expansion at Metro-Goldwyn-Mayer Studios Inc. (MGM), Mary Parent, former Vice Chairman of Worldwide Production for Universal Pictures, has been named Chairperson, Worldwide Motion Picture Group at the studio. In this newly created position,

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