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Amazon is reportedly negotiating to acquire MGM for about $9B

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Re: Amazon is reportedly negotiating to acquire MGM for about $9B

#2
There were rumors early in the lockdown that Amazon was a prime candidate (no pun intended) for acquiring AMC Entertainment and vertically integrating the creation of content as well as distribution via digital and cinema consumption. This move would certainly add to the vertical integration theme and make them a heavier hitter in Hollywood.

Re: Amazon is reportedly negotiating to acquire MGM for about $9B

#3
post #2

There were rumors early in the lockdown that Amazon was a prime candidate (no pun intended) for acquiring AMC Entertainment and vertically integrating the creation of content as well as distribution via digital and cinema consumption. This move would certainly add to the vertical integration theme and make them a heavier hitter in Hollywood.

Aren't movies and movie theaters one of the only industries where that type of vertical integration is explicitly illegal?

Re: Amazon is reportedly negotiating to acquire MGM for about $9B

#5
post #3
post #2

There were rumors early in the lockdown that Amazon was a prime candidate (no pun intended) for acquiring AMC Entertainment and vertically integrating the creation of content as well as distribution via digital and cinema consumption. This move would certainly add to the vertical integration theme and make them a heavier hitter in Hollywood.

Aren't movies and movie theaters one of the only industries where that type of vertical integration is explicitly illegal?

[deleted]

Re: Amazon is reportedly negotiating to acquire MGM for about $9B

#7
post #3
post #2

There were rumors early in the lockdown that Amazon was a prime candidate (no pun intended) for acquiring AMC Entertainment and vertically integrating the creation of content as well as distribution via digital and cinema consumption. This move would certainly add to the vertical integration theme and make them a heavier hitter in Hollywood.

Aren't movies and movie theaters one of the only industries where that type of vertical integration is explicitly illegal?

https://www.justice.gov/opa/pr/federal-court-terminates-para...

Not as of Aug 2020.

Re: Amazon is reportedly negotiating to acquire MGM for about $9B

#8
post #3
post #2

There were rumors early in the lockdown that Amazon was a prime candidate (no pun intended) for acquiring AMC Entertainment and vertically integrating the creation of content as well as distribution via digital and cinema consumption. This move would certainly add to the vertical integration theme and make them a heavier hitter in Hollywood.

Aren't movies and movie theaters one of the only industries where that type of vertical integration is explicitly illegal?

[deleted]

Re: Amazon is reportedly negotiating to acquire MGM for about $9B

#10
post #6

Is the SEC and FTC ever going to do their job? They have failed us in the 21st century. Shareholder value over everything else. It would be nice for some regulation to attack all this rent seeking.

Amazon already is a studio, i.e. someone who makes bets and writes checks (and owns the rights to content--personally I don't mind that not being as fragmented as it is). Acquiring another studio given the way things operate in the film/TV industry today seems fairly uninteresting from a monopoly perspective.
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