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iTWire - Amazon to acquire MGM


iTWire
Amazon to acquire MGM
Amazon has agreed to acquire MGM for US$8.45 billion.
It s tempting to suggest the deal is largely about MGM s catalogue of films and TV shows.
“MGM has a vast catalog with more than 4,000 films – 12 Angry Men, Basic Instinct, Creed, James Bond, Legally Blonde, Moonstruck, Poltergeist, Raging Bull, Robocop, Rocky, Silence of the Lambs, Stargate, Thelma & Louise, Tomb Raider, The Magnificent Seven, The Pink Panther, The Thomas Crown Affair, and many other icons – as well as 17,000 TV shows – including Fargo, The Handmaid’s Tale, and Vikings – that have collectively won more than 180 Academy Awards and 100 Emmys,” said Prime Video and Amazon Studios senior vice president Mike Hopkins. ....

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Warren Weighs In on Trump Facebook Ban: 'They're Acting Like They're Bigger Than Government'


Warren Weighs In on Trump Facebook Ban: ‘They’re Acting Like They’re Bigger Than Government’
Sen. Elizabeth Warren (D-Mass.) has raised concerns about Facebook over its decision to uphold its ban on former President Donald Trump, saying the social media giant has become too powerful and should be broken up.
Warren was interviewed on Yahoo Finance and Cheddar News on May 5, the day that Facebook’s oversight board an advisory body some have dubbed the “Supreme Court” said that the continued suspension of Trump “was necessary to keep people safe.”
Commenting on the ban, Warren told Cheddar News she was glad Trump remains off the platform, but that Facebook’s move was worrying. ....

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