This network should not be confused with MGM HD in America
The MGM Television Network, normally known as MGM, is an American major commercial broadcasting television network. Created in 1961 as part of Metro-Goldwyn-Mayer. MGM Television Network is owned by MGM Holdings.
Corporate headquarters are in Los Angeles and the company's news operations are also centered in Los Angeles. Entertainment programming offices are in New York City, New York, adjacent to the MGM studios and the corporate headquarters of MGM.
Most part of MGM's programming is produced by MGM Television. The network started off in 1961 with few affiliates. The number grew as time went on.
MGM Television Network came into existence on March 9, 1961 due to successes by NBC, CBS, RKO, and DuMont. Wanting to take advantage of DuMont's low ratings, MGM Television Network came into being. However, with only a few affiliates at the time, MGM Television Network started to lose money for MGM, and the entire company was sold in 1966 to Edgar Bronfman, Sr. (whose son would go on to buy Universal Studios). But the network continued to lose money for MGM and 3 years later, the company was sold again to Kirk Kerkorian. Kerkorian slashed the network's budget and and fired half of the staff, forcing the studio to produce low-budget fare and cheap movies for the network. But the network's fortunes finally changed in 1981 when Kerkorian bought United Artists. With a revamped attitude, MGM Television finally started turn a profit. By 1990, the number of affiliates grew to it's highest peak, and MGM Television was outdoing FOX in the ratings. In 2000, MGM Television finished in the top 10 of the best network for the first time ever. However, by the 2008-09 season, MGM Television's ratings fell to 19th. MGM Television's ratings did rebound and by the end of the 2014-15 season, the network finished 12th.