Well that's one way to reduce the cost of hosting Re:Invent, vertically integrate.
Amazon is reportedly negotiating to acquire MGM for about $9B
131–140 of 255 posts
Re: Amazon is reportedly negotiating to acquire MGM for about $9B
#132Stargate coming to Amazon prime video! Maybe Jeff Bezos enjoys SG as much as The Expanse.
That was exactly my reaction. Stargate (all the series) is fantastic sci-fi.
Re: Amazon is reportedly negotiating to acquire MGM for about $9B
#133Earlier quoted context omitted.
Amazon always has and continues to invest internally to expand e.g., new AWS regions, warehouse automation through robotics most of which are extremely capital intensive. Though your observation is right that MGM acquisition does make sense for Amazon because they OK to pay a premium to fast-track expanding their media business. The way I see it, Amazon, as a growth machine, keeps its growth options (organic/inorgani…
Eastern companies like yamaha and hyaundai. dirtbikes to pianos, cars to housing
That was my first thought, specifically the South Korean Chaebols like Samsung
Re: Amazon is reportedly negotiating to acquire MGM for about $9B
#134Maybe now we'll finally get a new Stargate series.
Producer Brad Wright teased at a new series back in March.
https://www.gateworld.net/news/2021/03/next-stargate-project...
Re: Amazon is reportedly negotiating to acquire MGM for about $9B
#135Earlier quoted context omitted.
Do you really want that? When a streaming service reboots a classic, you end up with: 1. The plot is pretty thin and always involves a twist. That the twist happens is predictable, and so the contents of the twist become more and more ridiculous to try to reclaim unpredictability. 2. Every episode is a cliff hanger in service of the twist from #1. 3. Unnecessary lewdness means you can't enjoy it with your kids. 4. It…
Who said anything about a reboot? A new series is fine. Universe got better with age and perspective. Atlantis was already solid when it was new. I wouldn't even mind a The Expanse/Stargate crossover where they turn out to be parallel universes. Stargate Universe already hinted at a new Big Bad that could be the one they're hinting at in The Expanse.
Unfortunately, reboots are what usually happens with developed shows. Stargate universe (not to be confused with Stargate Universe) has grown very large over the run of the TV shows, and more importantly, it evolved. By SG:Universe, Stargateverse looked much different than what it was when SG-1 started.
This creates a problem for future development - existing canon severely constraints the writers. Between writers complaining and executives looking to maximize the size of potential target audience, what usually happens is thus a reboot: the preexisting cannon gets dropped, but is often referenced to score cheap points with fans of the old show.
For reference, just look at what happened with Star Trek past its gold era (TNG-ENT).
Re: Amazon is reportedly negotiating to acquire MGM for about $9B
#136Re: Amazon is reportedly negotiating to acquire MGM for about $9B
#137There reality of current equity valuations is such that, if sustained, there is some some pretty savage consolidation to come. The only limit is antitrust, or fear of. $9bn is 0.5% of AMZN's current market cap, so $9bn represents a daily price fluctuation. They also have $45bn in cash reserves, so amazon could buy 5 MGMs without borrowing or issuing stock. That's not even a lot! Apple, Google & FB have $200bn, $140bn…
> Large capital investment at meaningful scale is not part these companies' culture, or competencies. Am I missing something? The latest Amzn 10-Q shows $45B of “Purchases of property and equipment” $11B in lease principal payments in the past year. That’s on the $42B cash on hand and $26.9B net income. Cash flow and capital investment seems like the crank Amazon has been turning for 20 years?
I think he means that Amazon isn't really an acquirer. Other than Whole Foods, I think their next biggest acquisition is Twitch? That's only two total acquisitions over ~1 billion over Amazon's entire history. For what is currently the largest market cap on earth, that's pretty shocking.
Re: Amazon is reportedly negotiating to acquire MGM for about $9B
#138Earlier quoted context omitted.
what job do you want the FTC to do here? I assume you think there is an antitrust angle on this potential acquisition? I am an economist and that is my field. I disagree with your take, if that is what you mean. This is a vertical merger. Vertical mergers are quite different in their welfare effects to consumers than horizontal mergers. Vertical mergers can frequently be welfare-improving to consumers. Indeed, this i…
The vertical integration of the distribution of media and the production of media is extremely problematic because of the way copyright operates in this country. I think you have to examine vertical integration in copyright affected industries differently than you would in, say, the vertical integration of steel production with a company that consumes steel. The interaction with copyright invariably creates issues fo…
Why shouldn't they control the copyright on entertainment media they own? Can I help myself to your property any way I see fit?
Re: Amazon is reportedly negotiating to acquire MGM for about $9B
#139Earlier quoted context omitted.
Apple does offer a dividend fwiw. The others often use cash for share buybacks which is part of why the price is so high. So it’s not entirely like they just let the money sit there.
I don't think Amazon has done stock buy backs in almost 10 years.
If you discount the automatic stock buybacks they do to compensate for employee stock bonuses this is true. But that is still a pretty large amount of money over the past decade.
Re: Amazon is reportedly negotiating to acquire MGM for about $9B
#140Can’t wait for the Amazon themed casino on the Las Vegas strip.