MGM: Sony seems short of synergy

That’s more than a little odd, because Sony owns a fifth of MGM.

As Reuters points out, “For Sony, MGM‘s decision cuts both ways. Sony’s home video business will lose lucrative distribution fees it would have earned for releasing titles from MGM‘s library of 4,000 movies and 10,000 TV episodes. However, Sony will benefit if MGM makes more money because Sony owns 20 percent of the company.”