Amazon has bought MGM for more than $ 8 billion. Your Movement, Netflix
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Bond is moving He entered a house built by Bezos. It’s true. A week after speculation, today Amazon has announced in fact, he made a deal with MGM to buy the studio house Rocky, RoboCop, and, yes, James Bond. The deal, worth $ 8.45 billion, is Amazon’s second-largest purchase to date Whole Foods purchases $ 13.7 billion In 2017. It is also the ultimate force against the earring streaming wars, which signals what streaming services will need to do in the end to achieve victory or at least survive.
In the past —Ondo, 2008— streaming services mostly provided licensed content from other studios. Hundreds of movies here, thousands of hours of TV there. As you grow, of course it spread to the bright worlds of original content. Netflix has found early success House of Cards; He started doing sessions like Amazon Transparent; Hulu offer The Handmaid’s Tale (which is, by the way, produced by MGM). Streamers began receiving awards with films directed by the author Manchester By the Sea and Wedding story. But then, the studios themselves got into the streaming game, launched their services …Disney +, Paramount +, anything else with a mathematical symbol attached to it, and the streamer had to increase the original outputs when these companies recovered the licensed content. (So many Office. See you in Peacock. Goodbye, Friends. It will catch you on HBO Max.) Amazon is starting a new struggle with the purchase of MGM’s big tickets: buying streaming services directly from studios.
It’s an inevitable progression, and it’s no surprise that Amazon did it first. Unlike Netflix, it doesn’t reliably produce original success. And, let’s face it, unlike NBCUniversal, its corporate model isn’t just about entertainment. It is also a cloud computing company, a mass store and a chain of grocery stores, to name a few. Last year alone, it had a net profit of more than $ 21 billion. It’s easier for Amazon to dig into sofa cushions than to buy MGM and its 4,000 movies and 17,000 TV shows rather than trying to get the company to launch a new studio of the same weight. whose amazing experience with video games was trying to do just that. The company said in its announcement that Mike Studios, head of Amazon Studios ’Prime Video, claimed that“ the real financial value behind the deal is a deep IP treasure. [MGM] catalog ”and warned that Amazon intends to develop this intellectual property for future projects.
However, the move could encourage other streamers — and small studios — to make their own deals so they don’t stay away. That means starting shopping around Netflix or starting to tinker with smaller studios like Apple TV with independent studios like the A24 to secure all of their content here or here over a single movie. “Something needs to be given, something needs to be shaken up to start making deals or partners or purchases,” says Sarah Henschel, a streaming analyst at Omdia research firm. “I think they’ll get smaller studios or make deals with Apple TV + and others.”
It’s a different scenario, but it was announced last week by AT&T biraka To merge with WarnerMedia Discovery, effectively bringing the company of DC Comics and HBO under the same roof as HGTV and Shark Week. No one knows exactly what this new outfit will look like, but presumably, whatever the outcome of DiscoveryMax +, it will be a big part of the media merger trend that’s happening right now. studios or services are merged to combine their IP repositories. M&A is R&D.
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