MGM debuts on Apple 

Metro-Goldwyn-Mayer Studios Inc., owner of the world’s largest film library, agreed to sell movies including "Rocky’’ and "Dances With Wolves’’ through Apple Inc.’s (APPL) iTunes Web site. Prices weren’t disclosed. The iTunes catalog will now include more than 500 movies, including those from Walt Disney Co. (DIS) and Lions Gate Entertainment Corp. (LGF) already sold through iTunes.


The nation’s largest financial institution, will eliminate about 17,000 jobs, 5 percent of its work force, to reduce costs and improve profit. Plans include "shrinking the size of corporate centers," several of which are in New York, and moving some 9,500 jobs to lower-cost locations. Despite the job cuts, however, the overall headcount at Citigroup (C) will grow this year.

About The Author

Staff Report

Staff Report

A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
Pin It

Speaking of Business

More by Staff Report

Latest in Business & Real Estate

© 2018 The San Francisco Examiner

Website powered by Foundation