Historically, the channel's programming consisted mainly of featured classic theatrically released feature films from the Turner Entertainment film library – which comprises films from Warner Bros. Pictures (covering films released before 1950) and Metro-Goldwyn-Mayer (covering films released before May 1986). However, TCM now has licensing deals with other Hollywood film studios as well as its Time Warner sister company, Warner Bros. (which now controls the Turner Entertainment library and its own later films), and occasionally shows more recent films. Turner Classic Movies is a dedicated film channel and is available in United States, United Kingdom, France (TCM Cinéma), Spain (TCM España), Nordic countries, Middle East and Africa. 

In 1986, eight years before the launch of Turner Classic Movies, Ted Turner acquired the Metro-Goldwyn-Mayer film studio for $1.5 billion. Concerns over Turner Entertainment's corporate debt load resulted in Turner selling the studio that October back to Kirk Kerkorian, from whom Turner had purchased the studio less than a year before. As part of the deal, Turner Entertainment retained ownership of MGM's library of films released up to May 9, 1986. Turner Broadcasting System was split into two companies; Turner Broadcasting System and Metro-Goldwyn-Mayer and reincorporated as MGM/UA Communications Co.
What television channel is discussed?
What does that stand for?
How many regions is it available in?
What's one of them?
Is it called exactly the same thing in each region?
Where is it named differently?
What does it go by there?
What happened in 1994?
Who founded the station?
Is the station named after him?
What other movie outfit did he purchase?
Did he buy it for 2 billion?
How much did he buy it for?
What caused another sale?
Who was it sold back to?
What was the historical lineup on the station?
Are more recent videos ever shown?
TCM
TCM 
Turner Classic Movies
Turner Classic Movies
Seven
United States, United Kingdom, France (TCM Cinéma), Spain (TCM España), Nordic countries, Middle East and Africa. 
United States
United States
no
 United Kingdom, France (TCM Cinéma), Spain (TCM España), Nordic countries, Middle East and Africa. 
Spain
Spain (TCM España)
TCM España
 Spain (TCM España
unknown
unknown
Ted Turner
 Ted Turner 
Yes
Turner Classic Movies
Metro-Goldwyn-Mayer film studio
 Ted Turner acquired the Metro-Goldwyn-Mayer film studio
No
$1.5 billion.
$1.5 billion
ed Turner acquired the Metro-Goldwyn-Mayer film studio for $1.5 billion
Concerns over Turner Entertainment's corporate debt load
Concerns over Turner Entertainment's corporate debt load
Kirk Kerkorian,
 resulted in Turner selling the studio that October back to Kirk Kerkorian,
featured classic theatrically released feature films from the Turner Entertainment film library
 the channel's programming consisted mainly of featured classic theatrically released feature films from the Turner Entertainment film library
Yes
However, TCM now has licensing deals with other Hollywood film studios as well as its Time Warner sister company, Warner Bros. 