Amazon buys MGM in a multibillion-dollar deal

[IcyPeas]

Amazon's nearly $8.5 billion deal to purchase the film and television studio MGM is official. The two companies announced Wednesday that MGM is now a part of Prime Video and Amazon Studios — cementing the merger that was first announced last May.

This is the second-largest acquisition for Amazon after purchasing Whole Foods. The purchase of the movie and TV studio behind iconic films like the James Bond franchise, Rocky, The Silence of the Lambs and Legally Blonde is just the latest in big-name media and streaming-service mergers.

https://www.npr.org/2022/03/17/1087268067/amazon-mgm-deal

[HipChick]

1. Wonder if Netflix about to go the way of Blockbuster?

They keep raising their prices without improving their content..

[zaj]

2. Amazon needs to be broken up. AWS / Entertainment / E-commerce

[BigmanPigman]

3. Definately

[Budi]

4. Not until Peter Thiel & Silicon Valley are busted up for Buying the destruction of AmericanDemocracy

Silicon Valley billionares are far more a threat than anything Amazon has done & they're just as big & wealthy.
Thiel's intentional buying of his very own coup on our nation, goes 1st.
And he's still at it for 2022/2024

[zaj]

5. +1