“Forgotten Hollywood”- An Amazon Purchase…

Posted on March 17, 2022 by raideoman1 | No Comments

Manny P. here…

“`Amazon’s $8.5 billion deal to purchase MGM is a reality. Both companies announced that the legendary studio is now a part of Prime Video and Amazon Studios.  This purchase of the movie lot behind iconic films such as The Wizard of Oz, Ben Hur, Singing in the Rain  and the Thin Man series is just the latest in big-name media and streaming-service mergers.

 

“`Last year,  AT&T announced the merger of WarnerMedia with Discovery, encompassing major networks like HBO, CNN and HGTV. Disney bought LucasFilm and Marvel Studios, giving the company the ability to develop exclusive content for Disney+ using storylines and beloved characters from Star Wars and the Marvel franchise. Amazon wants to do the same thing with MGM product. This is the second-largest acquisition for Amazon after purchasing Whole Foods.

“`No word when Amazon Prime subscribers will be able to watch the full MGM catalog, which includes more than four thousand film titles and seventeen thousand television episodes. What is known is streaming services are now the clear big dogs in town.

Until next time>                               “never forget”

This entry was posted on Thursday, March 17th, 2022 at 9:56 pm and is filed under Blog by Manny Pacheco. You can follow any comments to this post through the RSS 2.0 feed. You can leave a response, or trackback from your own site.


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