Syndie Pact for MGM, New Line10/06/2006 10:07 AM Eastern
Metro-Goldwyn-Mayer Studios formed a strategic relationship with New Line Television, a division of New Line Cinema, under which MGM will handle U.S. domestic distribution for syndication of New Line's motion-picture packages and series programming for the next two years.
Under the deal, terms of which were not disclosed, MGM will also handle New Line’s future barter sales.
David Spiegelman, senior executive vice president, domestic television distribution and marketing for New Line Television, will continue to oversee development and production, as well as acquisition of syndicated programming for the company. He will also continue to distribute all New Line product to network, pay, basic cable and video-on-demand/pay-per-view outlets.
Under terms of the new alliance, Spiegelman will work closely with MGM executive VP, broadcast strategy John Bryan on syndication sales for New Line TV product.
New Line Television recently launched Court TV’s Masterminds into syndication.