Why Amazon is paying $9 billion for MGM and James Bond
https://www.vox.com/recode/22451787/amazon-mgm-james-bond-streaming-netflix-analysis
Amazon isn’t competing with Netflix, but it is spending billions trying to figure out Hollywood. Maybe 007 can help.
Big tech companies have been eyeing big media companies for years — but they’ve never gotten together before. Now it’s finally, probably happening: Amazon is getting ready to pay $9 billion for MGM Holdings, the Hollywood studio that brings you James Bond and a smattering of other stuff, like the Pink Panther movies and The Handmaid’s Tale TV show.