Tag: MGM
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Amazon Prime Video Originals Will Soon Be Licensed To Other Streaming Services & Cable TV
Amazon recently launched a new Amazon MGM Studios Distribution division, granting syndication rights of its original series to be sold to other streaming services and cable networks.
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Amazon is Working on New Stargate, Robocop, Barbershop & Legally Blonde Reboots
Recently Amazon purchased MGM, and many have wondered what series Amazon would bring back as part of its $8.5 billion deal for the studio. Now according to Deadline, we are getting some ideas on what maybe coming to Amazon Prime Video. Details are still thin, but reports are films and/or TV shows are in development…
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Amazon Has Acquired MGM for $8.5 Billion
Amazon has announced that it closed on its $8.5 billion acquisition of MGM, bringing a catalog of more than 4,000 film titles and 17,000 TV episodes to Amazon as the studio joins Prime Video and Amazon Studios. Rumors about Amazon’s interest in acquiring MGM for between $7-10 billion began in early May 2021. Amazon and…
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Labor Union Coalition Calls on FTC to Reject Amazon-MGM Deal
The Strategic Organizing Center (SOC), a group representing nearly 4 million workers, is asking the Federal Trade Commission to reject Amazon’s acquisition of MGM. Amazon and MGM announced that they had entered into a definitive merger agreement in May. Amazon would pay $8.45 billion in the deal, if approved. Amazon began showing interest in the…
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Amazon’s $8.45 Billion MGM Deal Could Get FTC Antitrust Review
The merger agreement that would bring MGM’s expansive movie and TV catalog to Amazon could be subject to an antitrust review by the Federal Trade Commission. The Wall Street Journal, citing unnamed sources, says the FTC asked to be in charge of the review since it’s already investigating Amazon’s wider business practices. As WSJ points…
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Weekend Wrap-Up: Amazon’s Deal with MGM, Sling TV’s New App, and More!
This week, we learned about yet another major content deal — this time involving Amazon and MGM. It’s a deal that has many speculating about the future of many well-known film and TV franchises. Meanwhile, Sling TV unveiled its newest app, which boasts a revamped look and feel. Philo also announced a price hike and…
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James Bond Films Will Still Hit Theaters First, Producers Say
With Amazon making its acquisition of MGM official with an announcement earlier today, fans of the James Bond franchise wondered if future films would go straight to Amazon Prime Video. The producers of the films say going straight to streaming isn’t the plan for 007. “We are committed to continuing to make James Bond films…
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Amazon to Acquire MGM for $8.45 Billion
Amazon and MGM announced this morning that they have entered into a definitive merger agreement. Amazon will pay $8.45 billion for MGM in the deal. Amazon had reportedly been showing interest in MGM since at least the beginning of this year, according to sources from both companies, as reported by Wall Street Journal. Last week,…
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Amazon and MGM Are Close to Making a Deal
Last week, we heard reports that Amazon had made a $9 billion offer to acquire MGM. Today, The Wall Street Journal reports that the two companies are closing in on a deal, and “an agreement could be announced as early as this week,” according to WSJ sources. If the deal goes through, Amazon would acquire…
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Rumors Suggest Amazon is Offering $9 Billion for MGM
Fresh reports from The Information and Variety point to rumors of ongoing talks that include Amazon offering $9 billion to acquire storied media company MGM. At stake would be the rights to a collection of thousands of movies and episodes of TV programming, including well-known franchises like James Bond, Stargate, and Rocky. Initial reports from…