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Search Result for “agreement”

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BUSINESS

Amazon to Buy MGM, Bagging a Lion to Help Wage Streaming Battle

Business, Published on 28/05/2021

» Amazon.com Inc. said it has agreed to acquire the Hollywood studio MGM in a deal that the e-commerce company is betting can jump-start its Prime Video streaming platform and position it to compete with industry heavyweights including Netflix Inc. and Walt Disney Co.

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BUSINESS

Universal Tosses Cinemas a Lifeline While Testing New Distribution Model

Business, Published on 21/10/2020

» Comcast Corp.'s Universal Pictures is releasing substantially more films to theaters this holiday season as it tries to spur attendance for troubled cinemas -- and boost its push to reset distribution norms by making movies available sooner for online rental.