Antitrust Push by Feds Could Halt Mega-Mergers Like $8.45B Amazon-MGM Deal
An antitrust U.S. attorney stated that they were seeing "a truly unprecedented explosion" of merger requests.
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An antitrust U.S. attorney stated that they were seeing "a truly unprecedented explosion" of merger requests.
Beginning with the blockbuster M&A deal between Discovery and AT&T in May which created the world’s second-largest media company by revenue after Disney, intensifying streaming wars reshaped the global media and entertainment industry through 2021. At the heart of this transformation was the mindboggling demand for content.
But not only did amazon miss investor expectations for revenue in the last three months of this year, what the company is expecting for the next three months is also lower. the revenue was still up 27%. this is the third consecutive quarter in which the company made $100 billion in revenue. but it was still disappointing to wall street. now another thorn in amazon's side is the continuing investigation by regulators in the us, who are looking at the selling practices of its own branded goods and its recent acquisition of the storied hollywood studio mgm studios. samira hussain in new york for ...
Jonathan Majors is also set to star in Marvel’s Ant-Man and the Wasp: Quantumania and Netflix's The Harder They Fall.
>> charles: write this down. we'll start with the hybrid. if productivity doesn't work out, summer 2022 everybody back in the office. that's all i'm projecting. take a look at this. >> i need another thousand. >> you have courage miss -- >> finch. i admire your luck, mr. -- >> bond. james bond. >> charles: how about bezos? jeff bezos. amazon buying mgm studios for $8.5 billion. that includes the entire james bond catalog and other stuff. many are wondering if this is a move away from theaters to streaming. guns, what do you think? >> i think -- listen a smart move by mgm. they realized that th...