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Viacom, Paramount, Lionsgate & MGM team up for new premium channel in '09

Hope you like your movies served fresh on-demand, as Viacom, Paramount, Lionsgate and MGM have just announced plans for a new "premium" channel launching fall 2009. Other than having access to Paramount and Paramount Vintage titles released to theaters on or after January 1, 2008, and MGM, United Artist and Lionsgate flicks released after January 1, 2009, the service plans a "robust" VOD component. According to Variety, the big loser here is Showtime, which loses access to several theaters it's depended on for content, and also faces competition for shows like Weeds and Dexter. We're sure no premium movie channel would launch in this day and age without an HD offering, so tell your provider to keep a slot open for this latest addition.