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Amazon Buys Hollywood MGM for $8.5 Billion, Movies James Bond & Rocky
19th March 2022 | Hong Kong
Amazon has confirmed its $8.5 billion acquisition of Hollywood MGM with movies including James Bond, Rocky, Ben-Hur, Robocop & Legally Blonde, after the deadline has passed for the United States Federal Trade Commission to oppose the deal.In the same week, the European Commission had also approved the deal.MGM will expand Amazon Prime Video with more than 4,000 film and 17,000 TV shows to compete with rivals Netflix and Disney+.The $8.5 billion deal was first announced in 2021 May.Amazon was founded in 1994 by Jeff Bezos and has a market capitalization of more than $1.64 trillion today (18/3/22).Metro-Goldwyn-Mayer Studios (MGM) is an American media company founded in 1924, formed by Marcus Loew(Merger of Metro Pictures, Goldwyn Pictures, and Louis B. Mayer Pictures). In 2010, MGM filed for Chapter 11 bankturpcy protection and reorganisation.
“ Amazon Buys Hollywood MGM for $8.5 Billion, Movies James Bond & Rocky “
The 2024 Investment Day
17th Oct Hong Kong | 7th Nov Singapore
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place on 17th Oct 2024 in Hong Kong, 7th Nov 2024 in Singapore. Every March, July, Sept, Oct & Nov.
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The 2024 Family Office Summit17th Oct Hong Kong St Regis | 7th Nov Singapore Amara Sanctuary Resort
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March / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Senior investment team from Sovereign Wealth Funds, Pension Funds, Endowments, Foundations & Charities in Hong Kong, Singapore & Asia-Pacific at the 2024 Institutional Investor Summit / Roundtable. Join as delegate, speaker, presenter, partner & sponsor.
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April / Oct / Nov in Hong Kong & Singapore
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Amazon & MGM
Amazon is a US based multinational company which operates a range of businesses including retail, entertainment, consumer electronics and technology services. Amazon is active in the (co-)production of AV content through Amazon Studios, which is available alongside third-party content on Amazon’s home entertainment offering, Prime Video, available to consumers in the EEA and globally.
MGM is a US based company which is active in the production and distribution of AV content in the EEA and globally. MGM also offers a wholesale channel, MGM+, in a number of EEA jurisdictions via retail distributors Prime Video, Zattoo, and Mediaset.
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2024 Upcoming Events
> The 2024 Family Office Summit Hong Kong (St Regis) – 17th Oct
> The 2024 Family Office Summit Singapore (Amara Sanctuary Resort) – 7th Nov
> The 2024 Investment Day Hong Kong – 17th Oct
> The 2024 Investment Day Singapore – 7th Nov
Join The 2024 Family Office Summit in Hong Kong on 17th Oct at St Regis or Singapore 7th Nov at Amara Sanctuary Resort (9 to 345 pm).Join 5 billionaire family offices, and 60% of family offices with more than $300 million AUM. Limited complimentary passes available for SFOs & pure MFOs. Links:2024 Family Office Summit | Register here
2024/2025 Summits Hong Kong & Singapore
> The Investment / Alternatives Summit – March / Oct
> The Institutional Investor Summit & Roundtable – March / Oct
> The Family Office Summit – April / Oct / Nov
> The Private Wealth Summit – March / Oct
2024 June / July Report Release:
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> Family Office Report 2024
> UHNW Wealth Report 2024
> Top 50 Southeast Asia Companies Report 2024
> China & Hong Kong IPO Report 2024
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> Private Capital / Equity Fund Managers IRR & Bonuses Report 2024
> Sports Report 2024