Posted on 05/25/2021 5:30:24 AM PDT by dynachrome
Amazon is nearing a deal to acquire MGM Studios, the co-owner of the "James Bond" franchise and other TV and film series, for between $8.5 billion and $9 billion, according to people familiar with the matter. The deal is expected to be announced as soon as Tuesday.
(Excerpt) Read more at msn.com ...
No one is ever going to bust these trusts.
There’s no point in busting up prohibiting any monopolies now.
Didn’t the studios used to own movie theater chains and they had to give up that long lasting studio system in the 60s? How is it different if Amazon theater online phones all these studios and back catalogs? For Disney+?
They will go from super-communist to super-duper communist!
The government is going to allow the biggest reseller of movies (dvds, blurays) to buy a movie production company? Really?
I guess antitrust isn’t a thing anymore.
Republicans/Conservatives made an ENORMOUS mistake when they allowed television networks to be swallowed up by Hollywood studios and then compounded that mistake when they allowed cable companies to swallow up the same Hollywood studios. Unfortunately, I have absolutely no hope they’ll do the right thing here.
NO. NO. NO.
If Amazon has so much money they should pay giant dividends to the stock holders, not acquire more companies.
So you can have your Amazon deliveries brought to the MGM Casino.
First IMDB and then MGM
Prime will eclipse Netflix
Who will buy Netflix?
I guess a certain theme park in Florida will now be called “Disney Amazon Studios.”
It won't much value moving forward if Bond is a Black Lesbian.
I think what you will see (by early 2022), Amazon will market two additional video-streaming services...one for the 1930s/1940s/1950s, and one for 1960s and on.
If you gaze over the catalog of MGM materials, just for the 1940s...it’s a five-star listing.
I use to own 1000 shares on Amazon back in 2004,bought for $54 a share and I got cold feet and sold for $60 then had family financial issues which broke me. I now drive a truck for a living. Dont mention Amazon to me.
“Didn’t the studios used to own movie theater chains...”
I seem to recall that in the early years, the owned the companies that produced film stock and cameras, as well. It’s safer that way. Otherwise, somebody might make an unapproved movie.
Prime video originals are already a lot better than netflix originals. This is going to take them to another level production wise.
Will amazon make it worse?
Stop giving your money to Hollyweird.
They use it to further indoctrinate the masses.
Is this a buy...or another bailout?
And if the latter, with whose money?
Antitrust has been dead for at least 25 years it seems.
Competition is bad in a national socialist country. Easier to control ONE company.
At some point Amazon is going to be so big that it becomes unprofitable. That day has not arrived yet. But it will come, ultimately.
I hope this does not affect what TCM shows on that channel.
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