Detailed text transcripts for TV channel - CNN - 20210527:08:50:00
Attempt to own more intellectual property or ip for short. bezos saying in a statement the acquisition basis here is simple. mgm has a vast, deep catalog of much beloved intellectual property and with the talented people at mgm and amazon studios we can reimagine and develop that ip for the 21st century. taking old movies and old tv shows, remaking them and finding new ways to stream them. thats what this deal is all about. but time will tell whether amazon is overpaying, paying more than $8 bil...
Source: archive.org