Live data from Hacker News

Amazon Nears Deal to Buy Hollywood Studio MGM

wsj.com

11–20 of 78 posts

Re: Amazon Nears Deal to Buy Hollywood Studio MGM

#11
post #3

I 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.

The Expanse was cancelled and then saved by Amazon within a year, Stargate has essentially been a dead property for 10 years.

Re: Amazon Nears Deal to Buy Hollywood Studio MGM

#12
post #7
post #6

Earlier 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.

Honestly that doesn't seem all that great for $9bn.

Re: Amazon Nears Deal to Buy Hollywood Studio MGM

#13

> 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…

The biggest IP is Bond and the Broccoli family own 50% of it and have creative control over the movies (and whether or not it can be a tv series).

I imagine that's the complication, you buy MGM but don't really have full control over the crown jewel so to speak.

Re: Amazon Nears Deal to Buy Hollywood Studio MGM

#15
post #3

I 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.

The Expanse was cancelled and then saved by Amazon within a year, Stargate has essentially been a dead property for 10 years.

Stargate Origins came out in 2018

Re: Amazon Nears Deal to Buy Hollywood Studio MGM

#16
post #3

I 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.

The Expanse was cancelled and then saved by Amazon within a year, Stargate has essentially been a dead property for 10 years.

There is a difference between saving a show and saving a franchise.

The Star Trek movies saved the franchise which lead to TNG, DS9 and Voyager, they didn’t save the original series tho.

I only hope is that they won’t turn Stargate into Discovery like show.

Re: Amazon Nears Deal to Buy Hollywood Studio MGM

#17

What does Amazon get if they buy a Hollywood studio, besides the content library? Is MGM just a holder of copyright for various popular franchises or does the company actually make things?

Strategic power against other content creators. They need some can’t miss content similar to HBO/Disney/Netflix.

Re: Amazon Nears Deal to Buy Hollywood Studio MGM

#18

What does Amazon get if they buy a Hollywood studio, besides the content library? Is MGM just a holder of copyright for various popular franchises or does the company actually make things?

You’ve just answered your own question. A huge catalog of classics as well as franchises that can be developed into new shows and movies.

The Bond franchise alone probably is worth half of what this deal is gonna cost.

Re: Amazon Nears Deal to Buy Hollywood Studio MGM

#20

So when are we going to break up Amazon?

This purchase should be illegal yesterday

Monopolists are going to downvote you, but they're wrong.

These megacorps shouldn't be allowed to enter fifteen different industries and kill off the incumbents. This is absurd.

Amazon is internet services infra, shopping, logistics, fulfillment, consumer hardware, networking, a payments stack, publisher, grocery store, and now a fucking entertainment company.

They track us, turn us into non-owner subscribers, and prevent us from building companies that can compete with their scale. We're eternally subservient. It's not healthy for innovation!

Break up Apple.

Break up Amazon.

Break up Google.

Post reply on HN