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BUSINESS

Amazon's Planned Purchase of MGM Faces FTC Scrutiny

Business, Published on 24/06/2021

» The Federal Trade Commission will be the agency to review Amazon.com Inc.'s proposed acquisition of Hollywood studio MGM, according to people familiar with the matter, just as the commission gets a new chairwoman who has been critical of the online giant's expansion.

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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

Netflix Movies Turn Up in a Surprising Place: Theaters

Business, Published on 17/05/2021

» The nation's movie theaters are running out of movies. Some are turning to an unlikely source for more: Netflix Inc.

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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.