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[Valedix]

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

James Bond has a new home.


Amazon and MGM officially announced that they have entered into a definitive merger agreement under which Amazon will acquire MGM for a purchase price of $8.45 billion.


MGM has nearly a century of filmmaking history and complements the work of Amazon Studios, which has primarily focused on producing TV show programming, the companies said. Amazon will help “preserve MGM’s heritage and catalog of films,” and provide customers with greater access to these existing works, the companies said. Through this acquisition, Amazon would empower MGM to continue to do what they do best: great storytelling.


Metro-Goldwyn-Mayer is the studio behind the Pink Panther, Rocky, and, yes, the 007 franchise. The pact comes on the heels of AT&T’s decision to spinoff WarnerMedia and combine it with Discovery, a deal that many entertainment analysts predict will spark a new round of mergers and acquisitions as media companies and streaming players scramble to lock up the most compelling content available.

 

[INC]

Add all their shit to prime asap, and for free now then

 

[GeorgPrime]

So whats next to buy?

 

[INC]

So whats next to buy?

Orion lol

 

[V1LÆM]

put NTTD on Prime.

I guess this will be the last real James Bond movie then.

 

[INC]

put NTTD on Prime.

I guess this will be the last real James Bond movie then.

I see a spin off series incoming, with the bird who takes the 007 code name

At least stargate sg1 might come back to prime now

 

[Konnor]

I'm confused, didn't Sony own MGM? Did they sell it to amazon then?

 

[Hari Seldon]

Jack Ryan / James Bond crossover lol.

MGM has to have a ton of shit they have been around forever. I need to find a list of their catalog.

 

[ManaByte]

I'm confused, didn't Sony own MGM? Did they sell it to amazon then?

No Sony had a distribution agreement. They never owned MGM.

Sony just desperately wanted Bond, but when they realized EON would never give them the control over Bond they wanted they seemed to lose interest in the whole thing.

 

[KyoZz]

I need to find a list of their catalog.

There is this at least:

12 Angry Men
Basic Instinct
Ben-Hur
Creed
James Bond
Legally Blonde
Moonstruck
Poltergeist
Raging Bull
Robocop
Rocky
Silence of the Lambs
Stargate
Thelma & Louise
Tomb Raider
The Magnificent Seven
The Pink Panther
The Thomas Crown Affair
Fargo,
The Handmaid’s Tale
Vikings

Everyone is playing Monopoly right now or what ??

 

[ManaByte]

 

[LordCBH]

The biggest companies in the world just keep getting bigger. Garbage.

 

[NeoGiffer]

So whats next to buy?

 

[JayK47]

Mergers are not a good thing. Amazon needs to be broken up, not made bigger.

 

[Nester99]

Please reboot or relaunch Stargate.

 

[ManaByte]

Please reboot or relaunch Stargate.

Better yet give Dean Devlin the money to make their sequel to the original movie (which would've been very different than the TV show).

 

[Hari Seldon]

There is this at least:

12 Angry Men
Basic Instinct
Ben-Hur
Creed
James Bond
Legally Blonde
Moonstruck
Poltergeist
Raging Bull
Robocop
Rocky
Silence of the Lambs
Stargate
Thelma & Louise
Tomb Raider
The Magnificent Seven
The Pink Panther
The Thomas Crown Affair
Fargo,
The Handmaid’s Tale
Vikings

Everyone is playing Monopoly right now or what ??

Looking at wikipedia, they have been making movies since the beginning of movies, so their catalog is fucking huge. A few notables that stood out (although the catalog is too big to do anything but skim):

Gone with the Wind
Wizard of Oz
A Christmas Story

+ A metric shit ton of studio films from the 50s - 70s from both MGM and UA, including Clint Eastwood westerns and a ton of the old classic war movies.

 

[Konnor]

No Sony had a distribution agreement. They never owned MGM.

Sony just desperately wanted Bond, but when they realized EON would never give them the control over Bond they wanted they seemed to lose interest in the whole thing.

But...

Sony Agrees to Buy MGM for Nearly $5 Billion (Published 2004)

A consortium led by the Sony Corporation of America reached a tentative agreement today to buy Metro-Goldwyn-Mayer, the Hollywood studio famous for James Bond and the Pink Panther, for about $4.9 billion, according to executives close to the negotiations.

www.nytimes.com

 

[GuinGuin]

I see him buying Space X next and firing Elon. I don't think he wants to be beaten to the moon/Mars.

 

[ManaByte]

But...

Sony Agrees to Buy MGM for Nearly $5 Billion (Published 2004)

A consortium led by the Sony Corporation of America reached a tentative agreement today to buy Metro-Goldwyn-Mayer, the Hollywood studio famous for James Bond and the Pink Panther, for about $4.9 billion, according to executives close to the negotiations.

www.nytimes.com

Yes but that ended up only being a distribution deal that lasted a year. Sony distributed MGM movies from 2005-2006. Then it went to the Weinsteins, then Fox got the home video distribution.

This Amazon purchase is different than all of that mess.

 

[SecularIX]

Amazon has literally bought the neighborhood I live in.

 

[SJRB]

put NTTD on Prime.

I guess this will be the last real James Bond movie then.

 

[AJUMP23]

Bring back the real lion in the logo.

 

[NoLootBoxDev]

So whats next to buy?

In order, a city, then a state, then a country, water, air, and finally the world. We will pay Bezos the right to live on earth

 

[ultrazilla]

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

Anyways, makes sense since Amazon is doing their own "Lord of the Rings" series for Amazon Prime, why not own the actual movies outright?

Amazon now owns these movies and their sequels: Rocky, Legally Blonde, The Pink Panther, Stargate, Lord of the Rings and Hobbit trilogies, James Bond, Robocop, Tomb Raider, Creed, Basic Instinct and Poltergeist to name a few.

 

[Yoda]

There is this at least:

12 Angry Men
Basic Instinct
Ben-Hur
Creed
James Bond
Legally Blonde
Moonstruck
Poltergeist
Raging Bull
Robocop
Rocky
Silence of the Lambs
Stargate
Thelma & Louise
Tomb Raider
The Magnificent Seven
The Pink Panther
The Thomas Crown Affair
Fargo,
The Handmaid’s Tale
Vikings

Everyone is playing Monopoly right now or what ??

Most of those franchises are old and rebooting a series today will involve catering to a certain crowd on Twitter that'll impact any given series' reception. Nearly 9 billion feels like a bit too much for just being able to load their streaming platform w/movies they could've gotten rights to individually for waaaaay cheaper.

 

[ChuckeRearmed]

Amazon finally decided to bring more ammo to its Prime service.

 

[Zenaku]

Add all their shit to prime asap, and for free now then

I ended my prime sub last month, but if they add all of Stargate on there I'll be resubbing much faster than I ever expected.

 

[zeorhymer]

All reboots will be done from the oppression bingo card: Black, trans, Muslim, disabled, womxn.

 

[JSoup]

So whats next to buy?

 

[Trogdor1123]

Stargate series on prime now please

 

[Schattenjäger]

what’s up with extended LOTR release for this summer?

 

[Banjo64]

Can’t fucking wait for the product placement where Q is ordering some drone using Amazon Prime’s same day delivery

James Bond about to plough some pussay but hesitates; ‘Alexa, play Marvin Gaye, Let’s Get it On’

 

[ManaByte]

what’s up with extended LOTR release for this summer?

?? That's WB not MGM.

And it's the same identical sets that are already in stores. They're just being repackaged in one box with ONE additional special feature. That's it.

 

[The Wheel of Fortune]

And yet they couldn't spare a few million to keep The Expanse alive. What a load of bs

 

[EverydayBeast]

James Bond and Tomb Raider is now a side hustle for Amazon.

 

[dr_octagon]

For England, James?
No, for Bezos.

 

[xrnzaaas]

C'mon Amazon, use this opportunity to make a new Stargate series.

 

[Kagey K]

I just bought all the Bond movies not long ago to watch with my son, so of course they will get added to prime now.

 

[Dr.Morris79]

Add all their shit to prime asap, and for free now then

Never going to happen. It'll be another 'service' you have to subscribe to..

 

[INC]

Never going to happen. It'll be another 'service' you have to subscribe to..

MGM is already a service, on prime

 

[teezzy]

Lol Rocky or Raging Bull Amazon Prime series incoming

 

[Konnor]

C'mon Amazon, use this opportunity to make a new Stargate series.

But you do realize it's probably going to be terrible, right?

 

[Pejo]

Jeff Bezos a Legally Blonde 2: Red, White, and Blonde™ superfan? I think so.

 

[VulcanRaven]

I hope they keep releasing old movies on 4K Blu-Ray. It worries me a bit when companies that have a streaming service buys movie studios.

 

[ManaByte]

But you do realize it's probably going to be terrible, right?

After The Boys and The Expanse? I'd trust them with it more than Netflix.

 

[Blond]

Amazon reboots Shirley Temple where she teaches the lesson about how big and bad union’s are

(now free on amazon prime)

 

[12Goblins]

seems a bit weird that disney bought star wars for half that price, no ?

 

[sol_bad]

What's with people having a fear of large corporations? Are they watching and reading too many sci fi stories where corporations start ruling the world?

 

[Konnor]

After The Boys and The Expanse? I'd trust them with it more than Netflix.

The Boys isn't as good as people say imo, the whole show is Homelander who carries it with his interesting personality and Antony Starr's goddamn amazing performance. No seriously, I'm at awe sometimes at the subtle shit he does with his body language and expressions. Anyway, I can't offer my opinion on the Expanse which wasn't even an original Amazon production but the rest of the shows I've watched from amazon aren't that good, most of them feel like they try really really hard to copy HBO but fail at it. Of course I'm not saying that Amazon is as bad as Netflix but I still wouldn't want them to touch something like Stargate.