According to the two companies, with this deal, Amazon will help “preserve the legacy of MGM and its film inventory” and provide customers with a more dynamic channel to access works by MGM. perform. Due to the impact of the epidemic, the latest installment of the James Bond franchise, titled No Time to Die, has yet to be released. Photo: MGM. MGM is one of Hollywood’s oldest film studios, dating back almost a century. Its resources include more than 4,000 feature titles and approximately 17,000 hours of TV content. The globally famous movie brands produced by MGM must be mentioned: James Bond , The Hobbit , Rocky , Creed , RoboCop , The Pink Panther , Stargate , Silence of the Lambs … MGM is also the name behind the hit TV series like Fargo , Vikings , The Handmaid’s Tale … and programs The Voice , Survivor , Shark Tank … Over the years, the face of the Hollywood film industry has been changing rapidly in the direction of many veteran studios merging into part of multimedia corporations. Disney owns 20th Century Fox, Marvel Studios, Lucasfilm and Pixar; WarnerMedia merged with Discovery and now Amazon buys MGM. The deal with MGM is the second-biggest deal Amazon has ever made. In 2017, the company spent $ 13.7 billion to buy Whole Foods. Amazon did not specify when the MGM merger process will be completed. However, internal sources said that it is likely that the buying and selling process will end at the end of 2021. The figure of 8.54 billion that Amazon spent to buy back MGM includes debts up to now. After the merger was completed, MGM continued to operate as a subsidiary of the Amazon brand. MGM’s merger with Amazon is Hollywood’s latest studio acquisition. Earlier, on May 17, AT&T announced it had sold WarnerMedia to Discovery for $43 billion. From here, WarnerMedia will join forces with Discovery to create “an independent and pioneering global entertainment business”.

Amazon has acquired Metro Goldwyn Mayer (MGM), a long-standing Hollywood studio. Amazon has reached an agreement to own movie studio MGM for $8.45 billion, the company announced on May 26. This is considered a significant step forward for the e-commerce giant when Amazon will add to the available content store about 4,000 titles and 17,000 hours of TV series. The deal helps Amazon attract more Prime users, in order to compete fairly with rivals that own a diverse stock of original movies like Netflix or Disney Plus. MGM is the Hollywood studio behind hit franchises like James Bond and Rocky, but also modern adult series like The Handmaid’s Tale and Vikings. In addition, this studio also owns popular TV shows such as The Voice (Vietnamese Voice) and Shark Tank (Billion Billion Deal). However, the most famous and best known by Vietnamese people is the animated series Tom and Jerry. “The real financial value behind this deal is the IP treasure (copyright) that we plan to renew and grow with the talented team of MGM,” said Mike Hopkins, vice president. in charge of Prime Video and Amazon Studios said. Amazon’s television business is still only a very small slice of an e-commerce empire worth $ 1,650 billion. However, to date, there are more than 200 million subscribers to use Amazon Prime monthly service, with a service fee of 5.99 USD/month. News of Amazon’s acquisition of Hollywood’s 97-year-old studio emerged in mid-May. On May 24, the Wall Street Journal revealed that Amazon was very close to a deal to acquire MGM. MGM is owned by a group of investment funds including Anchorage Capital Group, Highland Capital Management, and Solus Alternative Asset Management. Reports about investors wanting to sell MGM to recover capital have surfaced since the end of December 2020. Currently, Hollywood film studios are in a fierce race to fight against the powerful forces of the day like Netflix or Disney. Last week, telecommunications giant AT&T also planned to merge WarnerMedia with Discovery to create the world’s second-largest media giant, after Disney mouse house. At that time, AT&T ambitiously merged HBO Max and Discovery Plus to create a video-on-demand service with a rich content store that could beat the competition. Phuong Nguyen (according to TheVerge)

“Up to 90% of the opinions agree. We are in trouble because some members have improper behavior in the past. We promise that we will not let that continue,” the HFPA representative released a statement. Scarlett Johansson and many stars and organizations demanding a boycott of the Golden Globes. Photo: Getty. In addition to the blood transfusion, HFPA contracted with the ethics organization Convercent to set up a hotline. Anyone, whether a member of the HFPA or not, has the right to make an anonymous complaint of misconduct. In the new set of rules, HFPA said the organization operates in a spirit of solidarity, regardless of religion or race. “We are committed to transparency in the nomination and awarding of the Golden Globes. We are ready to explain to the public if there are questions,” Hollywood Reporter part of the rule set. However, expert Scott Feinberg said that the above rule is not specific. The HFPA’s most controversial practices, such as receiving luxury gifts, tours from studios, members’ behavior at press conferences, disparaging questions about actors, etc., are not allowed. talk about. Before that, the HFPA and the Golden Globe were in danger of being boycotted by Hollywood. The fact that Tom Cruise publicly paid the gold trophy, Mark Ruffalo and Scarlett Johansson criticized the organization, NBC’s decision not to broadcast the 2022 Golden Globe Awards… was the first step of the boycott. Both giants in the entertainment industry, Netflix and Amazon, also announced that they would stop cooperating if HFPA did not reorganize personnel.