Because MGM owns the rights to their films (and pretty much no one wants to license those (often older, limited interest) movies), the content contract is basically "free money" for MGM(*). However, even when offered for "cheap", when you multiply "cheap" by 20 million subscribers it turns into real money(**). MGM and Comcast delayed the termination of the channel carriage for around six months because they probably thought they would come to an agreement, but it would appear that such an agreement was not achievable.MGM HD is an all high-definition television cable network. It features movies from the Metro-Goldwyn-Mayer library of approximately 1,200 movies mastered in a high-definition-compatible format.
(*) Of course, all that free money never results in a profit for the movie itself (which is important for different contractual purposes).
(**) And there are additional costs than *just* the carriage fees.