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MGM CHANNEL RAMPS UP ASIA DISTRIBUTION

LOS ANGELES - MGM Networks has launched the MGM Channel on Singapore's StarHub Cable Vision, the country's sole Pay-TV platform.

The channel has been broadcasting a wide selection of MGM films, in English with Mandarin subtitles, 24 hours a day since its debut in May.
 
MGM Networks also has signed an agreement with Macao Cable TV, Macao's sole cable operator, to begin carriage of the MGM Channel beginning this month.

The StarHub and Macau Cable TV deals are the latest in numerous recent breakthrough agreements for MGM Networks in Asia.

Among other activities in Asia, MGM Networks has a strategic alliance in the Greater China and South-East Asian market with CNBC Asia Pacific, which assists MGM in the operation and distribution of a dedicated MGM Channel in that region.

The StarHub deal follows this dedicated channel's launch on PCCW's Now Broadband TV platform in Hong Kong and on Indonesia's largest MSO, Kabelvision.

Separately, MGM Networks holds interests in two MGM-branded channels in Korea.

 Earlier this month, MGM announced plans for a localized channel in Spain this summer, the latest addition to the more than 110 countries and territories worldwide already served by MGM channels.

VIVENDI UNIVERSAL SELLS GERMAN STUDIO

PARIS - Vivendi Universal has finalized an agreement with a group of German investors led by Carl Woebcken and Christoph Fisser regarding the sale of the Babelsberg Studios in Potsdam, Germany.
 
Vivendi Universal is disposing of the Studios for the symbolic amount of one euro and has agreed to reimburse 18 million euros worth of debt. This asset disposal is part of the group's loss elimination policy.
 
Projects currently being shot at the Studios will not be affected by the change in shareholding. In the long term and in parallel to the existing business, the buyers intend to develop the studio activities in the field of television production, according to a company spokesman.

VALUABLE UK COINS TO BE OFFERED ON US MARKET

NEWPORT BEACH - Collectors Universe Inc. has reached an agreement with the British Royal Mint (BRM) to grade and authenticate a cross section of £2 Sterling and £5 gold coins, many of which are decades old.

These coins were obtained from the secondary market by the British Royal Mint and will soon become available to collectors as a result of the agreement with Collectors Universe Inc.

A total of 600 British proof £2 and £5 gold pieces, dating from 1980 through 2003, were recently shipped directly from the British Royal Mint in Wales to the Professional Coin Grading Service (PCGS) division of Collectors Universe in Newport Beach.
 
Authenticated, graded and encapsulated, these coins are being offered to the public exclusively by the North American agent of the British Royal Mint, Asset Marketing Services Inc.

Collectors Universe Inc. provides essential services to the high-end collectibles market such as the grading and authentication of collectible coins, sports cards, stamps, and autographs.
 
The company also compiles and publishes authoritative materials about collectible sports cards and sports memorabilia, US and world coins, and entertainment memorabilia.

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