Amazon Nears Deal to Buy Hollywood Studio MGM
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Re: Amazon Nears Deal to Buy Hollywood Studio MGM
#2> Amazon.com Inc. is nearing a deal to buy the Hollywood studio MGM Holdings for almost $9 billion including debt, said people familiar with the matter, a pact that would turn a film operation founded in the silent era into a streaming asset for the e-commerce giant.
What surprises me is that at $9 Billion, why hasn’t it been acquired by now?
Right now, video streaming is pretty much a solved problem, and it is content that differentiates one service from another.
If you are an Internet giant, $9 Billion seems like a pocket change to get access to a huge catalog.
Re: Amazon Nears Deal to Buy Hollywood Studio MGM
#3I just want Jeff bezos to save Stargate like he saved the expanse. I can only hope that Amazon will protect The Stargate franchise from coming to the same fate as Star wars and Star trek.
Re: Amazon Nears Deal to Buy Hollywood Studio MGM
#4> Amazon.com Inc. is nearing a deal to buy the Hollywood studio MGM Holdings for almost $9 billion including debt, said people familiar with the matter, a pact that would turn a film operation founded in the silent era into a streaming asset for the e-commerce giant. What surprises me is that at $9 Billion, why hasn’t it been acquired by now? Right now, video streaming is pretty much a solved problem, and it is conte…
Good point - you'd think Netflix would have been buying this stuff up.
Re: Amazon Nears Deal to Buy Hollywood Studio MGM
#5Previous discussion from when it was reportedly rather than near: "Amazon is reportedly negotiating to acquire MGM for about $9B" https://news.ycombinator.com/item?id=27194167
Re: Amazon Nears Deal to Buy Hollywood Studio MGM
#6> Amazon.com Inc. is nearing a deal to buy the Hollywood studio MGM Holdings for almost $9 billion including debt, said people familiar with the matter, a pact that would turn a film operation founded in the silent era into a streaming asset for the e-commerce giant. What surprises me is that at $9 Billion, why hasn’t it been acquired by now? Right now, video streaming is pretty much a solved problem, and it is conte…
Good point - you'd think Netflix would have been buying this stuff up.
how many originals can they pump out at 9B though?
Re: Amazon Nears Deal to Buy Hollywood Studio MGM
#7Earlier quoted context omitted.
Good point - you'd think Netflix would have been buying this stuff up.
how many originals can they pump out at 9B though?
Owning proven stuff is probably a more reliable investment than hoping one of your darts in the wall develops the cultural cachet of any of these: https://en.wikipedia.org/wiki/Category:Metro-Goldwyn-Mayer_f...
How many Netflix productions come even close for all the tens of billions they've poured into it? Reliable names mean customer retention.
Re: Amazon Nears Deal to Buy Hollywood Studio MGM
#8So when are we going to break up Amazon?
Re: Amazon Nears Deal to Buy Hollywood Studio MGM
#9Earlier quoted context omitted.
how many originals can they pump out at 9B though?
Owning proven stuff is probably a more reliable investment than hoping one of your darts in the wall develops the cultural cachet of any of these: https://en.wikipedia.org/wiki/Category:Metro-Goldwyn-Mayer_f... How many Netflix productions come even close for all the tens of billions they've poured into it? Reliable names mean customer retention.
As attractive as catalog content can seem, it's not the reason why new customers join, and stay with, a streaming service. New content is King.
Re: Amazon Nears Deal to Buy Hollywood Studio MGM
#10I just want Jeff bezos to save Stargate like he saved the expanse. I can only hope that Amazon will protect The Stargate franchise from coming to the same fate as Star wars and Star trek.
They will probably ruin it with feminism just like the rest of them.