The pre-86 MGM catalog is already in the hands of Warner Bros., so it’s too late for that.
Anyway, say what you want about Ted Turner, like how he shredded the original MGM to pieces by keeping the pre-1986 catalog (Wizard of Oz, Tom & Jerry, Ben-Hur, Singin' in the Rain, etc.) while selling the old MGM film lot in Culver City to Lorimar (who then sold said lot to Sony Pictures) and making the current MGM basically the original United Artists but in a different coat (something that film historians would hate), but without him, we would never have gotten a 24/7 news channel (CNN) nor a 24/7 cartoon channel (Cartoon Network, including [adult swim]), the city of Atlanta wouldn’t have become a major hub for media and sports, and the American Bison would’ve been driven to extinction without him. Many of the film libraries he owned (MGM, WB, RKO) would’ve also been left sitting in the celluloid dustbin, unrestored, without Ted.