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Society & Culture
Virtual Legality Episode 481

Bezos Buys Bond! MGM to be Purchased by Amazon

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2m May 26, 2021
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The era of content creation consolidation is upon us...once again. With Amazon's announcement of its $8.45 billion purchase of one of Hollywood's oldest movie studios, Metro Goldwyn Mayer (MGM), it's clear that the streaming wars are getting bigger, and more expensive.

Will we see more? And just what, if any, regulatory (or other) issues will a combination like this face?

Bond is just another word for "merger"…in Virtual Legality.

#Amazon #MGM #Bond


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Discussed in this episode:
"Amazon Buys MGM, Studio Behind James Bond, for $8.45 Billion"
Variety - May 26, 2021
https://variety.com/2021/biz/news/amazon-buys-mgm-studio-behind-james-bond-for-8-45-billion-1234980526/

"Amazon and MGM have signed an agreement for Amazon to acquire MGM"
Business Wire (Amazon/MGM Press Release) - May 26, 2021
https://www.businesswire.com/news/home/20210526005648/en/Amazon-and-MGM-have-signed-an-agreement-for-Amazon-to-acquire-MGM

"List of Metro-Goldwyn-Mayer films"
Wikipedia Entry
https://en.wikipedia.org/wiki/List_of_Metro-Goldwyn-Mayer_films

"Was WB Games Just Sold? Untangling ATT, WarnerMedia, and Discovery (VL473)"
YouTube Video - May 17, 2021 - Hoeg Law
https://youtu.be/rTdscjfbGLU

"Eon Productions"
Wikipedia Entry
https://en.wikipedia.org/wiki/Eon_Productions

"District of Columbia accuses Amazon of unfair pricing strategies in new suit"
Reuters - May 25, 2021
https://www.reuters.com/technology/washington-dc-attorney-general-filing-antitrust-lawsuit-against-amazoncom-racine-2021-05-25/


"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:
https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.


DESIGN WORK
Joe Ellis (Logo Design)
Chris Leroux (Motion Graphics)
For more information: contact Chris at @Chrisleroux on Twitter.

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About Hoeg Law

The Hoeg Law Firm is a business law firm with big law experience and a small firm approach focusing on start-ups, technology, financing, and everything else a business might need.


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