Amazon Buying MGM Won't Change Much in Streaming Wars

Amazon's deal for MGM carries a hefty $8.45 billion price tag. But in the costly world of streaming, that is actually a fairly small sum.

mercoledì 26 maggio 2021 New tab

64 words~1 min read

James Bond, meet your new boss. Bezos. Jeff Bezos.

Amazon’s $8.45 billion purchase of privately held MGM Holdings—announced Wednesday—carries a big price tag, and it’s a big deal for fans of James Bond. But in the costly world of streaming, $8 billion has actually become a fairly small sum. Ultimately, the transaction won’t change much in the competitive market for subscription video services.

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