mgmstudios
As Amazon prepares to buy MGM Studios and announced an effort to put pharmaceutical stores all over the U.S., we are reminded of one of my favorite comedy movies, Silent Movie. Mel Brooks produced this movie as the third in a trilogy of comedies including Blazing Saddles and Young Frankenstein. Q1 2021 hedge fund letters, conferences and more The film is produced in the manner of a 20th century silent film with intertitles instead of spoken dialogue; the soundtrack consists almost entirely of accompanying music and sound effects. It is an affectionate parody of slapstick comedies, including th...
ValueWalk
Amazon Inc (NASDAQ:AMZN) will acquire MGM Studios in a deal worth $8.45 billion, the two companies announced today. The move marks the online retailer‘s biggest push into the entertainment business and a major coup for its streaming video division. Q1 2021 hedge fund letters, conferences and more Amazon to acquire MGM StudiosAccording to CNBC, the acquisition is the second-biggest in Amazon's history, just behind its $13.7 billion Whole Foods purchase in 2017. The e-commerce giant wants to leverage MGM's filmmaking history and tap into its massive catalog containing 17,000 TV shows and 4,000 m...
ValueWalk
One of the most anticipated films of 2020 has been No Time to Die, the twenty-fifth installment in the James Bond film series. No Time to Die has been infamous for suffering through several production delays. When the film finally completed production, it was one of the first movies to have its release date delayed because of the COVID-19 pandemic, moving from April to November. Many fans were annoyed at this announcement, seeing it as an overreaction on the studio’s part. However, after so many more films were delayed to 2021 and Tenet massively underperformed at the box office, No Time to Di...
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