Sony captures legendary Hollywood studio

Japanese electronics giant Sony is to buy Hollywood studio MGM for nearly £1.7bn (€2.5bn).

The deal marks the last chapter in the history of two of Hollywood’s most famous names – Metro Goldwyn Mayer, once best known for its musical hits like Singing in the Rain and its subsidiary, United Artists, the studio founded in 1919 by Charlie Chaplin, Mary Pickford, Douglas Fairbanks and DW Griffith.