Either Jeff Bezos is a terrible businessman (obviously not) or...

[lame54]

He is playing shady money games

He paid 8.75B for MGM which is valued a 5.5B

Meanwhile an Amazon employee is saying "You just gave away 3 billion dollars. I held my pee for that?"

[Aviation Pro]

1. Or he completely priced out his competition

Just to get the rights to The Fake Billionaire Show's outtakes.

[badhair77]

2. I like that idea.

Colbert did a bit on that last night.

[brush]

17. Yes. Seems he wanted to make sure he got trump's N-word outtakes.

I wonder what he plans to do with them? I'm keeping my fingers crossed that he plays hardball with them and forces trump to STFU and not run again. And that will shut up the rest of the repugs too.

[CincyDem]

3. MGM bought Mark Burnett's production company in 2014-15.

That technically make them the owner of The Apprentice library. Unknown yet if MGM was the sole owner of the out take inventory. Industry folks have said the deal could have gone either way...but wouldn’t it be special to learn that Jeff is the proud new owner of all the Trump out takes.

Time will tell what assets are really in the deal.

[Cicada]

4. The seller knew it was worth 8.5 billion to Amazon

Even tho it was worth only 5,5 billion to anyone else. So they refused to sell for less.

[TwilightZone]

9. It was more than likely worth more than 5.5 billion to others.

It just wasn't worth 8.75 billion.

Companies don't generally sell out just to break even. There was probably a lot of interest at higher than market value because that's generally how it works. He just outbid everyone.

[RegularJam]

5. It's market value doesn't indicate it's specific value to a competitor.

[TheBlackAdder]

6. My dad always said, "List price means nothing. Something is only worth what others pay for it."

.

In this case, instead of the list price being a suggested value and often sold at a discount off of that.

Bezos found MGM to be worth considerably more than the market rate, which was a price that could not be denied.

.

[Ocelot II]

7. Jeff Bezos now owns the Access Hollywood "grab 'em by the p***y" tape.

That's something to think about...

[TwilightZone]

8. Market price is rarely ever selling price.

In simplest terms, there would be no point in a company selling themselves to break even. There are also factors like future value, planned but not yet completed or implemented projects, how the purchase will change the market, etc.

[msfiddlestix]

10. i don't think you intended this post to have such a positive reaction..

but I'm loving the posts up thread.. I LOVE the idea that Bezo's is now the proud owner of the Trumps pee tapes and more.


FINALLY, we just might, maybe get a little justice, not from the DOJ or SCOTUS or Manhattan, but from Bezos.

I freaking love it.

[Hoyt]

11. Does the deal guarantee $8.75 B to MGM/stockholders? Or is it a bunch

of stock with restrictions, debt, etc.?

Honestly don’t know, and don’t feel like looking it up. Any knowledge appreciated.

As folks above have said, maybe Bezos gets something other than just cash flow.

[Stinky The Clown]

12. A real billionaire buys the sordidity of a fake billionaire he intensely dislikes

And Don's awful terrible post presidency continues.

Bring on the pussy grabber tape on Amazon Prime.

Bring on The Apprentice hate tirade outtakes, maybe as Pay Per View.

Poor Don

[drray23]

13. it's probably part of a wider strategy.

Amazon is involved in distributing movies via Amazon prime. Buying MGM strengthen that content creation portfolio. Estimated Market price is only part of the equation in these global deals.

[comradebillyboy]

15. You hit the nail on the head. nt

[Doc Sportello]

14. What's the big deal if Bezos does put out the tapes?

Is it going to change the minds of dump's supporters? Will there be some great national epiphany if there is video evidence of dump's misogyny and racism? Some of the people who already know what a pig he is will get worked up and none of his cultists will care.

[Ocelot II]

16. At this point, probably not.

TFG could rape a cub scout and eat a baby on Fifth Avenue on national television and they'd still love his flabby orange ass. Anyhow, in today's GOP racism and misogyny are features, not bugs.

[Doc Sportello]

18. Exactly

The cultists think they have a get out of jail free card by just screaming "fake news" at anything that doesn't fit with their delusional world view. And that self-delusion is why it's a cult - one with racism and misogyny as pillars.