MGM Sale: Studio in talks with Amazon, Netflix (1 Viewer)

[DVBRD]

This is an interesting read. CNBC uploaded the article about a few days ago.

https://www.cnbc.com/2020/01/24/mgm-leads-2020-media-acquisition-targets.html

 

[Cranston37+]

Talking about it here...

https://www.hometheaterforum.com/co...ribers-discussion.355989/page-14#post-4828099

 

[DVBRD]

MGM Is Exploring a Sale of Its Studio

MGM Holdings Inc., co-owner of the James Bond library and other properties, is exploring a sale.

www.google.com

 

[Lord Dalek]

Again?

 

[DVBRD]

With MGM now up for sale it would be good if Warner Bros became the owner of their film library, putting all MGM films under one roof again.
MGM up for sale for $5B after 'preliminary talks' with Apple failed - 9to5Mac

I just hope it won't be Disney. They have enough as it is.

 

[John*Wells]

I just hope it won't be Disney. They have enough as it is.

Disney should never be allowed to buy anything again

 

[DVBRD]

Amazon Said to Make $9 Billion Offer for MGM

The ecommerce giant has been in talks to acquire the legendary studio and its library for several weeks.

variety.com

 

[MatthewA]

Disney should never be allowed to buy anything again

I don't even trust them with what they own right now!

But they used to have a deal with MGM for that theme park in Florida. Literally the only good thing about that would be the ability to use the old name again.

 

[John*Wells]

and here we are again

Amazon in Negotiations to Buy MGM in Megadeal (Report)

If a deal closes, the ecommerce giant would have access to the studio's massive library — comprising over 4,000 titles and 17,000 hours of television — for its Prime Video streaming service.

www.hollywoodreporter.com

 

[John*Wells]

I don't even trust them with what they own right now!

But they used to have a deal with MGM for that theme park in Florida. Literally the only good thing about that would be the ability to use the old name again.

I Went to that park in 1997, I think its ruined now

 

[MatthewA]

I went in 1990 right after it had opened.

 

[Mysto]

I Went to that park in 1997, I think its ruined now

They found out two things. First, you can't have a working studio with tourists (at least not the crowds that inhabit Disney parks). And secondly, the public at large today wants thrill rides not education. Who cares about movie history when you can ride a roller coaster.

 

[John*Wells]

Official

Amazon Buys MGM, Studio Behind James Bond, for $8.45 Billion

Amazon officially announced a deal to acquire MGM for $8.45 billion, bringing the ecommerce giant a wealth of movie and TV properties.

variety.com