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Europe Daily Bulletin No. 8780

8 September 2004
Contents Publication in full By article 43 / 47
GENERAL NEWS / (eu) cinema

- TIME WARNER has proposed between $4.5 and 4.6 billion cash (i.e. nearly $11 per share) for repurchase of the Hollywood studio, MGM - METRO GOLDWYN-MAYER. This is from 50 cents to 75 cents less per share than what SONY is proposing. The latter has made a $4.8 billion offer for MGM, which is more attractive but more difficult to achieve.

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS