MGM's first television program, "The MGM Parade", was produced by MGM's trailer department as one of the compilation and promotional shows that imitated Disney's series "Disneyland" which was also on ABC. "Parade" was canceled by ABC in the 2nd quarter of 1956. MGM took bids for its movie library in 1956 from Lou Chesler and others, but decided on entering the TV market itself. Chesler had offered $50 million for the film library. MGM Television was started with the hiring of Bud Barry to head up the operation in June 1956. MGM Television was to distribute its films to TV (starting with the networks), TV production and purchasing TV stations. TV production was expected to start with the 1957–58 season and was to include half-hour remakes of, or series based on, its pictures. Initial feature film sales focused on selling to the networks.