Amazon Nears Deal to Buy Hollywood Studio MGM

Post by cannaceo » Mon, May 24, 2021, 11:26 PM UTC

kuang_eleven wrote: post #29

echelon wrote: post #20

Earlier quoted context omitted.

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 pr…

They are the dominant player in only a few of those, and even in those dominant markets, they are far from a monopoly. Now, if they use a dominant position in one industry to gain advantage in another, that is a different story, but also a harder thing to show.

Post by missedthecue » Tue, May 25, 2021, 12:23 AM UTC

Workaccount2 wrote: post #8

So when are we going to break up Amazon?

Post by sushid » Tue, May 25, 2021, 12:50 AM UTC

echelon wrote: post #22

jonny_eh wrote: post #9

Earlier quoted context omitted.

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.

Tell that to the owners of The Office. Peacock making anything new and relevant?

Post by yumraj » Tue, May 25, 2021, 1:24 AM UTC

WheelsAtLarge wrote: post #24

Amazon tends to beat the creative parts out of the companies they buy. I bet it's related to the financial efficiencies they apply to them. Creativity is expensive without any guaranteed return. Most of the new prime video content, that I've seen, seems to have a very safe tone to it. Yes, it's new but it's safe. No one will be surprised or insulted by it. It starts to get boring very quickly. As new owners, I hope t…

Post by throwaway67114 » Tue, May 25, 2021, 1:38 AM UTC

echelon wrote: post #30

ipsum2 wrote: post #25

Earlier quoted context omitted.

> Amazon is internet services infra, shopping, logistics, fulfillment, consumer hardware, networking, a payments stack, publisher, grocery store, and now a fucking entertainment company. How many of these do they have a monopoly on? Keep in mind, the definition of monopoly is: "the exclusive possession or control of the supply of or trade in a commodity or service."

They can enter new industries well below market cost and destroy all of the existing businesses. They then soak up everything. In the end, everything becomes Amazon. They did it to open source, bookstores, retail. Maybe you don't see the end goal, where every restaurant is Amazon and you rent your home from Jeff Bezos? Maybe you're not worried and you trust these people? Maybe you don't want to compete and you just w…