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- In 2014 I sold a majority of my companies to MGM and came to this storied, 100 year-old studio as President of Television. Later I sold the rest of my companies for MGM stock and became Chairman of MGM Global Television because I believed in the value of MGM.
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Nov 28, 2022 · Mark Burnett, Chairman of MGM’s Worldwide Television Group, is exiting after the company’s $8.5B acquisition by Amazon. Burnett is leaving the company and will return to “independently ...
Nov 28, 2022 · The studio refused. On Monday, Burnett sent a lengthy email to the staff, lauding their contributions to MGM’s recent television success. He noted that he had sold the majority stake in his...
- meg.james@latimes.com
- Senior Entertainment Writer
Nov 28, 2022 · The news comes months after Amazon officially acquired MGM in an $8.5 billion deal finalized this March. With Burnett leaving, MGM’s television and film arms will be without a head, as Michael...
- Wilson Chapman
Nov 28, 2022 · In the nine years since he first sold his One Three Media production banner to MGM, Burnett has reaped an estimated $900 million. In a memo to MGM staffers, Burnett said he intended to pursue...
Nov 30, 2022 · TV News. Mark Burnett’s Disruptive Reign at MGM Ends. While the writing had been on the wall since the ecommerce giant's $8.5 billion buy, the prolific producer’s exit comes amid major...
May 27, 2021 · The Amazon sale marks the third time that Burnett has sold his company. In 2011, Burnett sold a majority stake in his Mark Burnett Productions to Hearst, which led to the formation of...
Jun 21, 2023 · EXCLUSIVE: Mark Burnett is in talks to launch his next production venture following his departure from Amazon-owned MGM. Deadline understands that Survivor and The Apprentice creator...
