Tag: MGM

A new giant: Amazon bought Metro Goldwyn Mayer
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A new giant: Amazon bought Metro Goldwyn Mayer

James Bond, Rocky and The Pink Panther have a new home. After last week's official announcement on advanced negotiations, this Wednesday it was confirmed Amazon's purchase of the historic Metro-Goldwyn-Mayer for $ 8.45 billion, thus escalating in a relationship between both parties that had started in December, when MGM Holdings revealed that it had a deal with Amazon in its quest to have technology to “predict content display and sales trends so that they can forecast demand. from its vast library of content. "Once the regulatory authorities approve the transaction - it is expected to take place before the end of the year - Jeff Bezos' company will be able to inject into its catalog more than four thousand movies and 17 thousand hours of television carried out during the 96 years of stud...
Learn the details of MGM’s historic purchase
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Learn the details of MGM’s historic purchase

If Disney is standing up to Netflix thanks to Marvel and Star Wars series, Amazon acquired an entire arsenal of characters and franchises with the purchase of Metro-Goldwyn-Mayer (MGM), for which James Bond, Pink Panther and Rocky will now be part from your catalog.It's a new earthquake for Hollywood, which comes when the study that defined the golden age of cinema was going through its lowest hours, although it has yet to receive the go-ahead from the same US regulators who are investigating Amazon for alleged monopolistic practices.If the procedure is approved, The more than 4,000 movies and 17,000 TV formats that begin with the classic lion's roar will be included in Amazon's Prime service, which has 200 million subscribers worldwide.And not only that. The juiciest part of the deal is "...
Amazon bought the MGM studio for more than $ 8 billion
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Amazon bought the MGM studio for more than $ 8 billion

Amazon announced this Wednesday the purchase of the centennial Metro-Goldwyn-Mayer (MGM) film studio for $ 8.45 billion, the second largest acquisition in its history, after several days of speculation.In a joint statement, the two companies noted that Amazon "will help preserve the legacy and film catalog" of the Hollywood studio, which has an archive of contents with 4,000 titles dating back to the 20s of the last century."The real financial value behind this deal is the hidden treasure of intellectual property in the great catalog that we plan to reimagine and develop together with the talented team at MGM, "said Mike Hopkins, Senior Vice President of Prime Video and Amazon Studios.The companies considered that MGM's trajectory "complements the work of Amazon Studios, which has focused ...
Amazon buys MGM, is the second largest acquisition in its history
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Amazon buys MGM, is the second largest acquisition in its history

The e-commerce giant Amazon announced the purchase of the film studio Metro-Goldwyn-Mayer (MGM) for 8.450 million dollars, the second largest acquisition in its history, after several days of speculation.The two companies highlighted in a joint statement that Amazon "will help preserve the legacy and film catalog"from the Hollywood studio, which it has a content archive with 4,000 titles dating back to the 20s of the last century."The real financial value behind this deal is the hidden treasure of intellectual property in the vast catalog that we plan to reimagine and develop together with the talented team at MGM."said Mike Hopkins, the senior vice president of Prime Video and Amazon Studios. !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,...