It’s all about that IP…
— Erik Davis (@ErikDavis) May 26, 2021
“The real financial value behind this deal is the treasure trove of IP in the deep catalog that we plan to reimagine and develop together with MGM's talented team.” https://t.co/lzymPkDP2t
I’m deeply concerned by Amazon’s acquisition of MGM Studios.
— Rep. Ken Buck (@RepKenBuck) May 26, 2021
Amazon’s revenue for the first quarter of 2021 increased by 44% to $108.5 billion — the company’s fastest growth in almost 10 years.https://t.co/NdMM7Rfqjz
Amazon's Spring Purchases
— John Ourand (@Ourand_SBJ) May 26, 2021
MGM: $8.5 billion
10 years of Thursday Night Football: $12 billion https://t.co/7X1TJQaTfp
Bad news for Amazon: MGM’s Leo the Lion has been known to go on strike. pic.twitter.com/2V6K3vAWt1
— Harry McCracken (@harrymccracken) May 26, 2021
As if I needed any more reasons to pay for an Amazon Prime membership...https://t.co/ekwHXum9GP$AMZN
— Dominic Chu (@TheDomino) May 26, 2021
(via @annierpalmer @cnbc)
Someday, James Bond will ride Blue Origin on a space mission. https://t.co/qXAHaUp2pE
— Richard Lai (@richardlai) May 26, 2021
Amazon buying MGM is at least complimentary to their existing business given Prime Video compared to AT&T + Warner Media or Verizon + Yahoo/AOL which weren’t.
— Dare Obasanjo (@Carnage4Life) May 25, 2021
Key question is if they’ll raise price from $8.99/month or if this is just to stay competitive?https://t.co/zEfUze9EyP
Amazon’s biggest acquisitions:
— Jon Erlichman (@JonErlichman) May 26, 2021
1) Whole Foods: $13.7 billion
2) MGM Studios: $8.45 billion
3) Zappos: $1.2 billion
4) Zoox: $1.2 billion
5) PillPack: $1 billion
6) Ring: $1 billion
7) Twitch: $970 million
8) Kiva Systems: $775 million
9) Quidsi: $545 million
Amazon buying MGM is another milestone for tech and the rest of the world converging. The distinction between tech and non-tech is evaporating, and we’re only going to see more of this in all industries.
— Aaron Levie (@levie) May 26, 2021
James Bond's new gadgets will be a Kindle and Echo, MI6 will have a Ring doorbellhttps://t.co/vciE3PTIAR
— Andy Beard (@AndyBeard) May 26, 2021
via @rustybrick
Upcoming Bond girl names:
— Casey Newton (@CaseyNewton) May 26, 2021
- Echo Dot
- Kindle Page
- Bessamer Mailbox
Super annoyed that @amazon keeps topping our M&A bids. Would’ve been super fun for @SurveyMonkey to own the Bond series.
— zander lurie (@zlurie) May 26, 2021
E-commerce company buys content company. https://t.co/BWdR68ERC2
— Matt McGee (@mattmcgee) May 26, 2021
Jeff Bezos on MGM deal at $AMZN annual meeting: "MGM has a vast deep catalog of much beloved intellectual property, and with the talented people at MGM and Amazon Studios, we can reimagine and develop that IP for the 21st century."
— toddbishop (@toddbishop) May 26, 2021
Netflix started making its own shows and movies in 2013. So did Amazon. One them figured it out, and the other is paying $9 billion for James Bond. https://t.co/HvzBVtsrVU
— Peter Kafka (@pkafka) May 24, 2021
I was just thinking that Amazon should definitely get bigger and more powerful than it already is. https://t.co/sNU8Qo8Qxy
— Jeremy Hobson (@jeremyhobson) May 26, 2021
"It is the first time a major tech company has bought a Hollywood studio, signaling starkly how the push into video streaming is shaking up the Hollywood landscape. The Information broke news of the talks last week.”https://t.co/0ylOZipqTC
— Mark Di Stefano (@MarkDiStef) May 26, 2021
Amazon Prime Video just got better? https://t.co/7KISytVaDd
— Barry Schwartz (@rustybrick) May 26, 2021
Another day. Another mega merger. Amazon’s proposed purchase of MGM reinforces what we already know — they are laser-focused on expanding and entrenching their monopoly power. That’s bad for workers, consumers, and small businesses.
— David Cicilline (@davidcicilline) May 26, 2021
The good news about the Amazon acquisition of MGM is that we might finally—finally—get that ROBOCOP VS LEGALLY BLONDE series we’ve all been waiting for. https://t.co/80Q5jtKsTO
— Sonny Bunch (@SonnyBunch) May 26, 2021
Just realized that by the time the next Bond film hits theaters, it could be "An Amazon Studios Film" https://t.co/0gHTsHL8df
— Lance Ulanoff (@LanceUlanoff) May 26, 2021
The name's Prime. James Prime. https://t.co/do2e9kzNqA
— Danny Sullivan (@dannysullivan) May 26, 2021
Wait, the MGM roaring lion is actually a *tiger*?
— Shira Ovide (@ShiraOvide) May 26, 2021
I feel duped. https://t.co/rPmvLU5c0h pic.twitter.com/U4vgMdhzGM
Why Amazon is paying $9 billion for MGM and James Bond https://t.co/YxPu7Z8sTU
— Peter Kafka (@pkafka) May 26, 2021
Thing I didn’t get into in this story: One reason Amazon is buying now, after looking earlier, is that MGM has cleaned itself up, and isn’t weighed down by long-term deals to other distributors.
$500 million for one season of a Lord of the Rings show is equally as egregious. https://t.co/jX30V7c781
— Steve Kovach (@stevekovach) May 24, 2021
I, too, love to announce major acquisitions that will trigger antitrust scrutiny the day after I've been sued for antitrust violations.https://t.co/8PxdmUPbjn
— Kate Cox (@KCoxDC) May 26, 2021
Amazon exec Mike Hopkins: "The real financial value behind this deal is the treasure trove of IP in the deep catalog that we plan to reimagine and develop together with MGM's talented team." He cites "so many opportunities for high-quality storytelling." https://t.co/nMIIRwzaAA
— Brian Stelter (@brianstelter) May 26, 2021
Meanwhile.. the Senate is preparing a $10 billion bailout fund for Jeff Bezos’s vanity spaceflight company Blue Origin.. https://t.co/70kR9CNkTC https://t.co/6Ndnys2H1P
— Dorsey Shaw (@dorseyshaw) May 26, 2021
This is terrible news. https://t.co/aEZ9pj6tHh
— Quinn Nelson (@SnazzyQ) May 26, 2021
I definitely highlighted this part of Amazon Unbound: pic.twitter.com/YyDgPMk052
— Shira Ovide (@ShiraOvide) May 26, 2021
Amazon and MGM have signed an agreement for Amazon to MGM for a purchase price of $8.45 billion
— Roberto Serrano' (@geronimo_73) May 26, 2021
Catalog includes over 4,000 beloved film titles and 17,000 TV shows, including thousands of fan favorites like The Handmaid’s Tale, Fargo, and Vikings
> https://t.co/to0TR66Irz pic.twitter.com/72NtHM7qR4
Amazon bought MGM for nearly $9 billion. What does that mean for MGM (and James Bond), what does it mean for Amazon, and what does it mean right now, with Amazon at the center of antitrust concerns? https://t.co/GgRZKGbyy5
— julia alexander (@loudmouthjulia) May 26, 2021
For the gentle folks at MGM, here are Jeff Bezos's twelve ingredients for every epic story, from the Hollywood chapter of my book Amazon Unbound. https://t.co/8fFlmzLcOx. Good luck! pic.twitter.com/qlz3EEBfSq
— Brad Stone (@BradStone) May 26, 2021
This sale should not go through. @amazon is already a monopoly platform that owns e-commerce, shipping, groceries & the cloud. They shouldn’t be permitted to buy anything else. Period. https://t.co/YyOdQ6iWPQ
— Josh Hawley (@HawleyMO) May 26, 2021
Amazon should be broken apart from the warehouses this MGM nonsense is exactly the wrong direction. Stop the monopoly madness.
— Zephyr Teachout (@ZephyrTeachout) May 26, 2021
No Time to Die. Or to Pee.
— Mike Shields (@digitalshields) May 26, 2021
legally blonde 3: alive girl, coming exclusively to amazon prime video
— andrew webster (@A_Webster) May 26, 2021
Context: Disney paid $9.63 billion (inflation adjusted) for Marvel + the Star Wars universes. https://t.co/0USDFRXfy2
— Peter Kafka (@pkafka) May 24, 2021
Amazon is the world’s largest e-retailer and cloud computing company whose two biggest acquisitions are of a supermarket chain and movie studio.
— Ari Levy (@levynews) May 26, 2021
Add in “frugality” and “customer obsession” and these become the Amazon Leadership Principles.
— Corey Quinn (@QuinnyPig) May 26, 2021
I for one am eager to replace “Disagree and Commit” with “Violence.” https://t.co/x090LVhxhy
Amazon is using the billions it never pays on taxes to buy MGM.
— Mrs. Betty Bowers (@BettyBowers) May 26, 2021
The Republican Party would rather Jeff Bezos score more wealth than America fix its roads.https://t.co/w5SsGY89yw
アマゾンがMGMを買収するとのこと。ハリウッドのパワーシフトを示すニュース>
— 渡辺由佳里 YukariWatanabe (@YukariWatanabe) May 26, 2021
James Bond, Meet Jeff Bezos: Amazon Makes $8.45 Billion Deal for MGM https://t.co/7LJHUgv0Ir
James Bond, Meet Jeff Bezos: Amazon Makes $8.45 Billion Deal for MGM https://t.co/pWa1N6GJOC
— LAURENCE HAIM (@lauhaim) May 26, 2021
BREAKING CRYPTO NEWS: Amazon's deal to buy MGM for $8.45 billion will not be completed as a $HOKK OTC transaction. Instead Amazon has agreed to stake the full $HOKK amount to obtain an epic amount of the upcoming $HOKKX utility token. https://t.co/XSBt12ccDD
— $HOKKer Carlson ᵖᵃʳᵒᵈʸ (@SuckerCarlson) May 26, 2021
In the ultimate symbol of one Hollywood era ending and another beginning, Metro-Goldwyn-Mayer, home to James Bond and Rocky, finally found a buyer willing to pay retail: Amazon.https://t.co/fxjZMprSMk
— Brooks Barnes (@brooksbarnesNYT) May 26, 2021
This is not your grandfather’s MGM, but rather a ghost of its former self…..
— Felipe Vicini (@FelipeVicini) May 26, 2021
James Bond, Meet Jeff Bezos: Amazon Makes $8.45 Billion Deal for MGM https://t.co/G0TD9vcqMp
Wait, the MGM roaring lion is actually a *tiger*?
— Shira Ovide (@ShiraOvide) May 26, 2021
I feel duped. https://t.co/rPmvLU5c0h pic.twitter.com/U4vgMdhzGM
It’s official. Amazon will buy MGM for $8.45 billion. MGM’s library includes more than 4,000 films and 17,000 episodes of TV including:
— 2 Black Nerds⚡️ (@2BlackNerds) May 26, 2021
+ James Bond
+ The Hobbit
+ Rocky/Creed
+ The Handmaid’s Tale
+ The Wizard of Oz
+ Fargo
+ Vikings
Via @nytimes: https://t.co/uHp4f5D3uC pic.twitter.com/DaR7nUfF73
"Metro-Goldwyn-Mayer, home to James Bond and Rocky, finally found a buyer willing to pay retail: Amazon." @brooksbarnesNYT & @nicsperling on the latest deal in the entertainment world https://t.co/S2bnsPtWii
— Connor Ennis (@EnnisNYT) May 26, 2021
"No, Mr Bond, I expect you to keep it in your bladder until your shift is over." https://t.co/CRtbVYf5xh
— Bodil Stokke, Esq. (@bodil) May 26, 2021
Here’s @brooksbarnesNYT and @nicsperling’s take: Bond, Meet Jeff Bezos: Amazon Makes $8.45 Billion Deal for MGM https://t.co/jsqZVvlsq2
— Anne Thompson (@akstanwyck) May 26, 2021
Amazon now has the bond franchise. This is a big move when you look at content licensing and library supply for other streamers given the breadth of product owned by MGM https://t.co/ABdjmnNVOQ
— Richard Janes (@RichardJanes) May 26, 2021
$HQGE $BMEP why I'm long. MGM sold for ~5.6X Sales / 27.5X EBITDA (if my math is right). Content/IP is KING. @w_showtime knows it. Create Content / IP, generate revenue = enterprise value. I look at Blumhouse for comparative future revs / earnings model. https://t.co/ZqChCAo6uU
— T-BONE (@tbone_live) May 26, 2021
Amazon bought MGM for $8.45 billion. That’s $3 billion more than anyone else thought it was worth, and $2 billion less than MGM wanted inn an IPO almost a decade ago. https://t.co/IgnWD9WLGJ
— Lucas Shaw (@Lucas_Shaw) May 26, 2021
WELL WELL WELL! As I tweeted Bezos to buy MGM they actually did! https://t.co/33Y72lhacN
— Tochinoshin Nyce (@Tochinoshin33) May 26, 2021
The other shoe has dropped and Amazon has bought once-legendary MGM for $8.45 billion. Why so much for a studio that lost its lot and its classic films decades ago? @brooksbarnesNYT, @nicsperling and @KYWeise explain it all. https://t.co/g9CpXis7kQ
— Kenneth Turan (@KennethTuran) May 26, 2021
yikes. all these mergers and acquisitions feel like ominous, gathering clouds.https://t.co/JCrmritEvG
— La Marr Jurelle Bruce (@Afromanticist) May 27, 2021
Amazonが映画・テレビ番組の制作会社のMGMを$8.45Bで買収する。
— Tetsuro Miyatake (@tmiyatake1) May 27, 2021
James BonodやRockyなどのIPがAmazon Primeで見れるようになるはずだが、実は多くのIPは過去売却されている。
例えばJames Bondでも50%の保有権しか持ってなく、新映画制作の判断が出来ない。https://t.co/EELne6wVlf
AmazonがMGMを買収。
— 糖類の上 (@tinouye) May 26, 2021
James Bond, Meet Jeff Bezos: Amazon Makes $8.45 Billion Deal for MGM https://t.co/aUakl0dfJ7
アマゾンがジェームズボンドの映画制作会社を買収とな、、、
— えたあなるEt al.(アナリストよ永遠なれ) (@Etal25036326) May 26, 2021
James Bond, Meet Jeff Bezos: Amazon Makes $8.45 Billion Deal for MGM https://t.co/CBXfnd5HRw
【ニュース】5/26(水)
— JapanDocs (@jdocs) May 26, 2021
アマゾンが84億5000万ドル(9203億円)で007シリーズなどを制作するMGM を買収。アマゾンプライムの配信作品を強化する。
James Bond, Meet Jeff Bezos: Amazon Makes $8.45 Billion Deal for MGM https://t.co/xab8TJW86p
AmazonついにMGMを9200億円でゲット。
— Go Ando / THE GUILD (@goando) May 26, 2021
007 No Time To DieはAmazon Primeで配信か?と思いきやAmazonは007フランチャイズの50%の権利しか持たないらしい。https://t.co/UPOpNZOULe
Amazon scooped up MGM for its #content.
— Matt Day (@mattmday) May 26, 2021
We at Bloomberg produced some content on the matter.
Deal story: https://t.co/SZ4DfpMZRG