Amazon has bought MGM, one of the mythical producers, what changes will it entail?

1622049593 162236 1622050834 rrss normal.jpg
1622049593 162236 1622050834 rrss normal.jpg

The online shopping giant is buying MGM, the television and film studio behind James Bond, “Legally Blonde” and “Shark Tank,” in hopes of filling its video streaming service with more to do. watch. Amazon will pay $ 8.45 billion for MGM, making it the company’s second-largest acquisition after buying the Whole Foods supermarket for nearly $ 14 billion in 2017. Amazon Prime Video will increase its catalog significantly The deal is the Latest in the media industry that aims to push streaming services to compete against Netflix and Disney +. Amazon doesn’t say how many people watch its Prime Video service. But more than 200 million have access to it because they are subscribed to its Prime membership, which gives them faster shipping and other benefits. The purchase of MGM would give Amazon access to more movies, shows and famous people, such as Rocky, RoboCop and The Pink Panther. Amazon will also get a cable channel: Epix, which is owned by MGM. We review the history of MGM Known for its logo of the roaring lion, MGM is one of the oldest studios in Hollywood, founded in 1924, when cinema was silent. He has a long list of classics in his library, like “Singin ‘in the Rain.” His most recent productions include reality shows “Shark Tank” and “The Real Housewives of Beverly Hills,” as well as the upcoming James Bond film “No Time to Die” and an Aretha Franklin biopic called “Respect.” Amazon already has its own study, but it has had mixed results. Two of his shows, “The Marvelous Mrs. Maisel” and “Fleabag,” won the Emmys for best comedy series. But many of his films have not been successful at the box office. Recently, Amazon has been betting on sports and high-profile shows. Next year it will broadcast “Thursday Night Football” and is producing a “Lord of the Rings” series, which is supposed to cost $ 450 million for its first season alone. The deal, which is subject to the usual approvals, will make Amazon, already one of the most powerful and valuable companies in the world, even bigger. Regulators around the world are examining Amazon’s business practices, specifically how it examines information from companies that sell products on its site and uses it to create its own Amazon-branded products. >