15 votes

Amazon is acquiring MGM for $8.45 billion

Posted by Deimos
Tags: usa, movie industry, hollywood, movie studios, amazon.mgm studios, business, acquisitions, press releases
https://press.aboutamazon.com/news-releases/news-release-details/amazon-and-mgm-have-signed-agreement-amazon-acquire-mgm

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Title
Amazon and MGM have signed an agreement for Amazon to acquire MGM | Amazon.com, Inc. - Press Room
Word count
1850 words

13 comments

  1. Nivlak
    Link
    “MGM has one of the industry’s most exciting upcoming film slates, including House of Gucci, No Time to Die, Respect, The Addams Family 2, and the untitled Paul Thomas Anderson film“ Oh well… I guess

    “MGM has one of the industry’s most exciting upcoming film slates, including House of Gucci, No Time to Die, Respect, The Addams Family 2, and the untitled Paul Thomas Anderson film“

    Oh well… I guess

    8 votes
  2. [12]
    mrbig
    Link
    It would be nice to have a major streaming service with a decent classics library.

    It would be nice to have a major streaming service with a decent classics library.

    6 votes
    1. Akir
      Link Parent
      Honestly, yeah; MGM has produced/distributed some really excellent films, historically, and access to them would be great. I just wish that it didn't take Amazon buying them to make it happen. And...

      Honestly, yeah; MGM has produced/distributed some really excellent films, historically, and access to them would be great.

      I just wish that it didn't take Amazon buying them to make it happen.

      And besides that, movie rights are notoriously complicated, so I don't know how much of MGM's imagined library MGM actually owns.

      7 votes
    2. [5]
      tomf
      Link Parent
      Not sure if all of those are coming across, actually. source Some of the older films mentioned in the article (12 Angry Men) were UA.

      Not sure if all of those are coming across, actually.

      The pre-May 1986 Metro-Goldwyn-Mayer catalogue is owned by Turner Entertainment Co., a division of WarnerMedia, with distribution handled by sister company Warner Bros.

      source

      Some of the older films mentioned in the article (12 Angry Men) were UA.

      3 votes
      1. [4]
        mrbig
        Link Parent
        Shit :(

        Shit :(

        2 votes
        1. [3]
          tomf
          Link Parent
          yeah -- its all such a mess. That being said, another service should have them -- a lot of them are public domain, I believe.

          yeah -- its all such a mess. That being said, another service should have them -- a lot of them are public domain, I believe.

          2 votes
          1. [2]
            mrbig
            Link Parent
            Isn't HBO owned by Warner?

            Isn't HBO owned by Warner?

            2 votes
            1. tomf
              Link Parent
              yup! This looks like a decent list of what they have on HBO Max.

              yup! This looks like a decent list of what they have on HBO Max.

              2 votes
    3. [4]
      cloud_loud
      Link Parent
      HBO Max has a pretty good selection of classics.

      HBO Max has a pretty good selection of classics.

      2 votes
      1. [3]
        cfabbro
        (edited )
        Link Parent
        Hulu used to have a really good selection of classic movies too, back when the Criterion Collection was included with it... but sadly now their films are no longer available there, since they have...

        Hulu used to have a really good selection of classic movies too, back when the Criterion Collection was included with it... but sadly now their films are no longer available there, since they have their own streaming service (The Criterion Channel). So that might be worth checking out, @mrbig. I suspect it will be right up your alley too, given your tastes (based what I know of them, anyways) and interest in film history.

        Edit: Aww, shit. Nevermind. Apparently Criterion is only currently available in Canada and the US. Sorry for possibly getting your hopes up. :(

        3 votes
        1. [2]
          mrbig
          Link Parent
          Yeah I knew about Criterion. There's no Hulu here either.

          Edit: Aww, shit. Nevermind. Apparently Criterion is only currently available in Canada and the US. Sorry for possibly getting your hopes up. :(

          Yeah I knew about Criterion. There's no Hulu here either.

          1 vote
          1. cfabbro
            (edited )
            Link Parent
            I know the feel, although probably not to your extent. Canada typically doesn't get access to streaming services until years after they launch in the US, and even when we do there is almost always...

            I know the feel, although probably not to your extent. Canada typically doesn't get access to streaming services until years after they launch in the US, and even when we do there is almost always a significantly smaller library of titles available to us due to regional licensing conflicts and us being a smaller market.

            Media companies give us no affordable or convenient options to legitimately consume their content, and then wonder why piracy is still so prevalent, while also complaining about it to legislators as if none of it is their fault and the only solution is doling out harsher punishments. ಠ_ಠ🏴‍☠️

            3 votes