Editing Metro-Goldwyn-Mayer (section)

===MGM/UA Communications===

After Kerkorian reclaimed MGM in August 1986, the MGM/UA name continued to be used, but the company changed its name, this time to MGM/UA Communications Co., which was renamed from United Artists Corporation, now using MGM and UA as separate brands.<ref>{{cite news |author=Special to ''The New York Times'' |url=https://www.nytimes.com/1986/10/29/business/a-president-for-mgm-ua.html |title=A President For MGM/UA – |website=The New York Times |date=October 29, 1986 |access-date=December 15, 2011 |archive-date=January 22, 2012 |archive-url=https://web.archive.org/web/20120122174854/http://www.nytimes.com/1986/10/29/business/a-president-for-mgm-ua.html |url-status=live }}</ref><ref>{{Cite news|date=July 16, 1986|title=UA Changing Name To MGM/UA Comm.|page=3|work=[[Variety (magazine)|Variety]]}}</ref> The change became official on September 10, 1986, and at that time, the [[New York Stock Exchange]] (NYSE) ticker symbol was changed from UA, yet again, to MGM.<ref>{{Cite news|date=September 10, 1986|title=It's MGM/UA Again|page=3|work=[[Variety (magazine)|Variety]]}}</ref> In 1987, MGM/UA Communications Co., [[Paramount Pictures]] and [[Universal Pictures]] teamed up in order to market feature film and television product to China.<ref>{{Cite news |date=June 3, 1987 |title=MGM/UA, Par, Universal Team To Market U.S. Products In China |page=6 |work=[[Variety (magazine)|Variety]]}}</ref>

Kerkorian, however, continued to try to sell portions of MGM/UA. In July 1988, Kerkorian announced plans to split MGM and UA into separate studios. Under this deal, Kerkorian, who owned 82% of MGM/UA Communications, would have sold 25% of MGM to [[Barris Industries]] (controlled by producers [[Burt Sugarman]], [[Jon Peters]], and [[Peter Guber]]).<ref>{{cite news | url=https://www.latimes.com/archives/la-xpm-1988-07-10-mn-9452-story.html | work=Los Angeles Times | first=Michael | last=Cieply | title=MGM Movie Unit Expected to Be Sold in Complex Hollywood Deal | date=July 10, 1988 | access-date=April 17, 2020 | archive-date=March 6, 2016 | archive-url=https://web.archive.org/web/20160306014327/http://articles.latimes.com/1988-07-10/news/mn-9452_1_united-artists | url-status=live }}</ref> The proposition to spin off MGM was called off a few weeks later.<ref>{{cite news | url=https://www.latimes.com/archives/la-xpm-1988-07-29-fi-7947-story.html | work=Los Angeles Times | first=Nina J. | last=Easton | title=Plan to Split MGM Pictures in 2 Falls Through; Future of Troubled Firm Clouded | date=July 29, 1988 | access-date=April 17, 2020 | archive-date=March 6, 2016 | archive-url=https://web.archive.org/web/20160306090327/http://articles.latimes.com/1988-07-29/business/fi-7947_1_mgm-pictures | url-status=live }}</ref> In 1989, two Australian-based media entities attempted to gain control of MGM/UA. The first was [[Rupert Murdoch]]'s [[News Corporation]], which had purchased 20th Century Fox in 1985, making a $1.35 billion bid; rival Australian media company [[Qintex]] attempted to buy MGM from Kerkorian—topping Murdoch's bid with a $1.5 billion offer—but the deal collapsed as Qintex was plagued by financial issues.<ref>{{cite news |author=Richard W. Stevenson, Special to ''The New York Times'' |url=https://www.nytimes.com/1989/10/11/business/deal-to-buy-mgm-ua-collapses.html |title=Deal to Buy MGM/UA Collapses – ''The New York Times'' |website=The New York Times |date=October 11, 1989 |access-date=July 20, 2014 |archive-date=July 26, 2014 |archive-url=https://web.archive.org/web/20140726150130/http://www.nytimes.com/1989/10/11/business/deal-to-buy-mgm-ua-collapses.html |url-status=live }}</ref> Ted Turner also attempted to buy MGM/UA again, but these efforts also failed.<ref>{{cite news|title=Turner Buying MGM/UA|url=https://www.nytimes.com/1989/11/29/business/the-media-business-turner-broadcasting-seen-in-talks-to-buy-mgm-ua.html|date=November 29, 1989|work=[[The New York Times]]|access-date=October 2, 2014|first=Geraldine|last=Fabrikant|archive-date=October 6, 2014|archive-url=https://web.archive.org/web/20141006092940/http://www.nytimes.com/1989/11/29/business/the-media-business-turner-broadcasting-seen-in-talks-to-buy-mgm-ua.html|url-status=live}}</ref>