Amazon seems to be going nowhere. In fact, technical pride is bigger than ever, even after constant criticism of the company’s near-monopoly and problematic behavior of its employees. At the helm of online retail, Amazon dominates the film industry with streaming content with its studios and Amazon Prime. However, Amazon’s next move may be its biggest move.
This week made headlines across the board with news about Amazon’s next big deal. Amazon’s upcoming move may be the biggest yet, as reports suggest the tech giant is in talks to acquire MGM Studios.
Hollywood reporter Yesterday reported that MGM Holdings, which owns MGM Studios, is in the midst of negotiations to be acquired by Amazon. If the deal goes through, MGM will be one of Amazon’s most extraordinary acquisitions ever, as reports say the grab could be worth about $ 9 billion dollars.
In addition, negotiations have proceeded rapidly, with details rumored to be unveiled earlier this week. So how long has Amazon had blood thirsty eyes on MGM, and how long has the once thriving studio been on hold?
fall from grace
Reports said that Amazon MGM has been rumored to be snubbed for some time, although Apple and NBCuniversal were also potential buyers. MGM made its way out of bankruptcy in 2010, but the long-rumored acquisition convinced readers that the studio was still in pain after falling from grace.
In addition, MGM has no CEO since 2018; Gary Barber was removed that year and Mark Burnett supervised the studio’s TV department, while Michael De Luca was stationed in 2020 to oversee feature films.
It is clear from these reports that MGM has been lower than it has held in recent years, so why is Amazon so hot to acquire Legendary Studios? Chaotic or not, the famous lion of MGM has been guarding a grave treasure.
If Amazon snatches MGM, the streaming giant will acquire more than 4,000 titles and 17,000 hours of television (Talk about a binge watch), Because Prime Members will no doubt be able to stream a plethora of new free Amazon Prime movies soon.
MGM library has features of rock Movies, Pink cheetah Movies, shark Tank, Survivor, and also Maid story. However, the big franchise everyone is talking about in the Amazon MGM deal is our beloved Martini drinker and spy extraordinaire James Bond.
shaken not stirred
Vowel In its report on the MGM deal this week, it was reported that James Bond is the ace in the franchise agreement hole.
James Bond offers the opportunity to be a huge franchise that nearly all living generations know and want to see, opening up the possibility of an endless string of new James Bond films for the Amazon studio, the MCU or the Batman franchise. If an MGM deal goes through in lieu of Amazon’s future movie plans, Amazon Prime members wonder what free Amazon Prime movies will bring to the streaming giant from MGM.
If the MGM deal goes through, will all James Bond films become Free Amazon Prime movies? Will of rock Fans are forced to join the Amazon cult if Amazon Prime movies become free in the famous Boxing Flix takeover?
It is hard to say, but we can only imagine that Amazon will put a good amount of thousands of hours of MGM movies on Amazon Prime for free. Also, given the discussion about James Bond and the New Deal, we imagine that it is only a matter of time until we see 007 back in action in an upcoming movie from Amazon Studios.
Would you welcome James Bond’s expanded universe or do you want the franchise’s enthusiasm to follow MGM’s path? Sound off in the comments below!