http://story.news.yahoo.com/news?tmp...bi_ge/mgm_sale

LOS ANGELES - Sony Corp (NYSE:SNE - news) (news - web sites). is a step closer to acquiring famed Hollywood studio Metro-Goldwyn-Mayer Inc. in a $3 billion deal that would give it a considerable library of more than 4,100 titles.


The sale would mark the third time billionaire investor Kirk Kerkorian has sold MGM, one of Hollywood's most storied names and once best known for its musical hits like "Singing in the Rain" and "Meet Me in St. Louis."


Under the proposed deal announced Monday, Sony has agreed to pay $12 per share for MGM, or about $2.94 billion cash, and assume about $1.9 billion in MGM debt. MGM said its management will recommend the "proposed merger" to its board by Sept. 27.

http://www.mi6.co.uk/news/index.php?itemid=1307

Following the leaks about the spruced up audio the classic James Bond films will be enjoying in the new wave of 007 DVDs due out in October 2005, the first details of their visual face-lifts has come to light.

Lowry Digital, a Burbank company John Lowry started six years ago, has rack after rack after rack of Macintosh G5 computers, 600 of them, holding a combined memory of 2,400 gigabytes, reports the New York Times.