As Ryan Kavanaugh continues to possibly circle MGM, Liberty
Media CEO John Malone is also reportedly eyeing the struggling
studio.  Less is known about Malone's interest in and strategy
for the studio, but it seems like he would merely want to oust
CEO Harry Sloan, keep motion picture division head Mary Parent,
and allow MGM to continue with its plan to make and release its
own films. Since Liberty Media owns Starz, The Wrap speculates
that MGM might want a deal with the pay cabler since it ended
its agreement with Showtime.  But there are two problems with
this line of thinking: First, MGM's still supposed to be part of
that Epix movie channel with Viacom and Lionsgate, to which all
three studios are still committed despite their lack of a cable
carrier, so unless MGM's suddenly no longer interested in being
a part of Epix, the studio doesn't need Starz. Second, creating
movies for Starz is a big reason why Liberty launched its own
studio, Overture Films. We doubt the folks at Overture would be
too happy if