๐๐ง๐ ๐๐ผ ๐๐ต๐ฎ๐น๐น๐ฒ๐ป๐ด๐ฒ ๐๐ต๐ฒ ๐๐บ๐ฎ๐๐ผ๐ป-๐ ๐๐ ๐ฑ๐ฒ๐ฎ๐น: ๐ช๐ต๐ ๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐ต๐ผ๐น๐ฑ๐ฒ๐ฟ๐ ๐ฎ๐ป๐ฑ ๐๐ผ๐น๐น๐๐๐ผ๐ผ๐ฑ ๐ฎ๐ฟ๐ฒ ๐ช๐ผ๐ฟ๐ฟ๐ถ๐ฒ๐ฑ
The Federal Trade Commission (FTC) is approaching the mid-march deadline to decide on whether to pursue a lawsuit or approve the Amazonsโ purchase of MGM. Last year in May, Amazon announced that it was planning to buy MGM studios for $8.5 billion. This got the attention of FTC which claims Amazon is using anti-competitive practices and dims this deal as an illegal way for Amazon to broaden its array of products. Amazon contradicted this by claiming that it has already complied with the necessary documents needed for the deal.
This deal has caused other points of concern, especially on the eligibility of $AMZN (Amazon.com Inc) to own MGM. One of the points of concern challenging the eligibility is regarding their streaming capabilities. Amazon claims that it has 200 million Amazon Prime subscribers but on recent findings, it was believed that this is not the case and that the huge number comes as a result of individuals having Prime membership which allows them to access Amazon Prime. This means that Amazon doesn't have the level of influence they claim they have and numbers would be different if Prime was a stand-alone product.
This deal is further making Hollywood and shareholders nervous because they do not know the plans Amazon has with the studio, which fuels a lot of uncertainty. Adding to this fuel is the fact that Amazon doesn't have enough experience and any titles it has on the streaming services, have been acquired. But when it is all said and done, the shareholders and the Hollywood community are hoping that Amazon can treat MGM as a stand-alone brand such as in the case of Pixar and Marvel which are under $DIS (Walt Disney) . In light of this, Amazon continues to insist that they want to use MGM as a library to remake TV shows and movies and win Oscars. How Amazon is planning to profit from this acquisition remains unknown, but one thing is for certain, we will know what the FTC decides soon.... Show More
We use our own and third-party cookies on our websites to enhance your experience, analyze traffic, and for security and marketing. For more info, see our Cookie Policy or go to Manage Settings.
Privacy Preference Center
When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.
More information
Manage Consent Preferences
Strictly Necessary Cookies
Always Active
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.
Functional Cookies
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.
Targeting Cookies
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
Cookie List
label
ConsentLeg.Interest
label
label
label
Thu Mar 12 2026 07:44:22 GMT+0000 (Coordinated Universal Time)
