MGM, with its strong program production capabilities in Hollywood, will also help ABC produce shows. The success of "Bewitched" has shown that serialized TV shows are more suitable for family viewing than movies. MGM will invest heavily in producing TV series in the future.
The broadcasting rights for "Tom and Jerry" were sold to ABC, and production will continue.
ABC's trump card, "Super Talent Show," hasn't even been utilized yet. When this show begins, MGM can fully assist with its production.
The collaboration between MGM and ABC is considered a powerful alliance, and this news dealt another heavy blow to CBS and NBC. It seemed like the gap between them was widening.
Meanwhile, Hardy, under the guise of an investment company, acquired an 11% stake in the Los Angeles Times.