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Amazon buys MGM studios.

Quick find code: 23-24-174-66217060

Tuffty
Jan
fmod Member
2003

Tuffty

Forum Moderator Posts: 152,160 Ruby Posts by user Forum Profile RuneMetrics Profile
Yep thats right Amazon buys MGM for $8.45bn (£5.97bn).

https://www.bbc.co.uk/news/business-57249849

I can't get over the price. Now I wonder if the Amazon subs £7,99 for me will go up to pay for it all. Someone will end up having to pay and I'm sure thats Joe public. :(

I'm not sure I can watch any more movies then I watch now lol.

Thoughts on this and Amazon getting bigger. Maybe to big....

PS. Sky TV can whistle if all the good movies come to Amazon. I'll scrap Sky in a heart beat. :P Comprehensive Account Security
What do snowmen have for breakfast? Snowflakes! :P

28-May-2021 12:30:10

Rooh
Jan
fmod Member
2006

Rooh

Forum Moderator Posts: 40,589 Sapphire Posts by user Forum Profile RuneMetrics Profile
This is either going to be great for Amazon subscribers, or really awful.
If all the MGM content is just added at no extra cost, it'll be awesome.

Or... they'll have a new MGM channel that you have to pay a monthly premium for =/
My money's on the latter.
Who's the cat that won't cop out when there's danger all about?

28-May-2021 12:47:46

Hmm
Jan Member 2016

Hmm

Posts: 13,000 Opal Posts by user Forum Profile RuneMetrics Profile
The stuff that the public considers Amazon, the shopping, the films and tv shows, music, kindles, Twitch, etc. All of these have been a loss for Amazon since inception while they continually invest in destroying competition and asserting dominance.

Amazons actually money comes from Amazon Web Services, it's what funds the rest of their businesses.

They'll keep prime subscription cheap until they've achieved their expansion goals and let AWS pay for the losses.

28-May-2021 15:38:17 - Last edited on 28-May-2021 15:39:03 by Hmm

Megycal
Sep Member 2005

Megycal

Posts: 18,097 Opal Posts by user Forum Profile RuneMetrics Profile
Rooh said :
This is either going to be great for Amazon subscribers, or really awful.
If all the MGM content is just added at no extra cost, it'll be awesome.

Or... they'll have a new MGM channel that you have to pay a monthly premium for =/
My money's on the latter.
Same. I already see lots of films I'd quite like to watch that I'd have to pay extra to see. If our subscription isn't enough then I'm not giving them more money. I'm not
that
desperate to watch a film. If it is something I feel I must see I usually wait for the DVD to be at a reasonable price then its mine for as long as I want it.

28-May-2021 17:29:55

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