LOS ANGELES: MGM Networks has announced that it has signed a distribution agreement for the MGM Plus channel. This is a second branded network which will be carried on South Korea’s Skylife DTH satellite service.
In India the broadcaster has a JV with Zee. MGM Plus will complement the existing MGM Channel with a different mix of programming from MGM’s storied film library and select local Korean productions. An official release informs that both networks will be carried on Skylife, the country’s first direct-to-home satellite TV service. Skylife will air the MGM networks 24*7 in Korean.
MGM Networks’ executive VP Bruce Tuchman said, “Since the launch of our first Korean channel last year, we have seen impressive subscriber growth and developed a strong connection with viewers. In launching a second localised channel in South Korea, we will build on those accomplishments. We’re particularly excited about our progress so far because MGM has earmarked Asia as a key growth region.”
The launch of a second South Korean channel is the latest of several recent MGM Networks announcements, including the MGM Channel’s Hong Kong launch and a strategic alliance with CNBC Asia Pacific. MGM Networks has been expanding quickly worldwide, its channel interests more than quadrupling the past two years to about 100 countries on six continents.
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