Star movies buys rights to $100M worth of Hollywood films

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MANILA--Star Movies, an Asian cable and satellite network owned by News Corp. Ltd. is committing $100 million to obtaining the exclusive rights to Hollywood movies, according to Star TV Deputy Managing Director James Davis, who was a participant at the recent Cable Show '99 held in the Philippines.

"Titanic" will be beamed to 300 million cable-viewing house-holds in Asia under the Star Movies system on New Year's eve 1999 and is one of the network's millennium offerings, Mr. Davis said.

Star Movies will offer 30 new titles a month for a year, versus other movie channels that Mr. Davis says offer a maximum of 25 new movies per month.

Star has entered into an exclusive agreement with MGM/United Artists to acquire "Tomorrow Never Dies" as well as future Bond pictures for the next five years.

Star Movies also completed a deal with Disney that gives itexclusive cable rights to films from Touchstone Pictures, Hollywood Pictures, Walt Disney Productions and Miramax.

Copyright May 1999, Crain Communications Inc.

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