Showing 1 - 3 of 3
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.
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.
Pandemic Boosted Netflix, Other Streaming Players in 2020
Business, Published on 01/01/2021
» The past 12 months were billed as the year when a flood of new entrants would force streaming services to wage an all-out war for subscribers. Instead, incumbents and rookies alike feasted on a base of shut-in customers eager for more things to watch.