Quote:Amazon announced on Thursday that it has completed its acquisition of MGM, saying the iconic maker of movies and TV shows is joining Prime Video and Amazon Studios. "The storied, nearly century-old studio—with more than 4,000 film titles, 17,000 TV episodes, 180 Academy Awards, and 100 Emmy Awards—will complement Prime Video and Amazon Studios' work in delivering a diverse offering of entertainment choices to customers," Amazon said.

The $8.45 billion deal was announced in May 2021. Amazon was able to complete it without a protracted fight because the Federal Trade Commission hasn't challenged it in court, despite other conflicts between Amazon and the FTC.

"The move comes after Amazon certified to the Federal Trade Commission that it had provided all the information requested by antitrust investigators reviewing the deal," The Wall Street Journal wrote today. "That step put the deal on a regulatory clock with the agency that has now expired, leaving the company free to move forward, a person familiar with the matter said."

(03-23-2022, 05:19 AM)Canadian Moose Wrote: You know what... I don't think they'll do much damage to Netflix. When Disney+ launched a lot of people said they would leave Netflix, and some probably did but most people I know, just kept it and bought Disney+, same with Prime Video, when good shows came up, they just subscribed to Prime and figured shit, I use Amazon anyway.... I've been a prime member for years and I don't think I've watch more than maybe 30 minutes of Prime video. That's not to say there isn't good stuff on there, but the good stuff you gotta subscribe to Starz or whatever and it's a drag. I'm going to assume since they said 8B, these will actually be part of prime video. This is all opinion, the numbers seem to show a decline so you may be right

(03-23-2022, 06:10 PM)Oni Wrote:

(03-23-2022, 05:19 AM)Canadian Moose Wrote: You know what...  I don't think they'll do much damage to Netflix.  When Disney+ launched a lot of people said they would leave Netflix, and some probably did but most people I know, just kept it and bought Disney+, same with Prime Video, when good shows came up, they just subscribed to Prime and figured shit, I use Amazon anyway....  I've been a prime member for years and I don't think I've watch more than maybe 30 minutes of Prime video.  That's not to say there isn't good stuff on there, but the good stuff you gotta subscribe to Starz or whatever and it's a drag. I'm going to assume since they said 8B, these will actually be part of prime video.  This is all opinion, the numbers seem to show a decline so you may be right

Most people that are subscribed to Prime, are probably using Amazon's other services. The MGM titles will just be icing on the cake for people that already use Prime. Little things add up, but I don't think Amazon or Disney+ are doing direct damage. Netflix is also raising their prices and targeting account sharing. Over time Netflix could be seen as less desirable, especially when IPs like Marvel and Star Wars are going elsewhere.

(03-23-2022, 06:10 PM)Oni Wrote:

(03-23-2022, 05:19 AM)Canadian Moose Wrote: You know what... I don't think they'll do much damage to Netflix. When Disney+ launched a lot of people said they would leave Netflix, and some probably did but most people I know, just kept it and bought Disney+, same with Prime Video, when good shows came up, they just subscribed to Prime and figured shit, I use Amazon anyway.... I've been a prime member for years and I don't think I've watch more than maybe 30 minutes of Prime video. That's not to say there isn't good stuff on there, but the good stuff you gotta subscribe to Starz or whatever and it's a drag. I'm going to assume since they said 8B, these will actually be part of prime video. This is all opinion, the numbers seem to show a decline so you may be right

Most people that are subscribed to Prime, are probably using Amazon's other services. The MGM titles will just be icing on the cake for people that already use Prime. Little things add up, but I don't think Amazon or Disney+ are doing direct damage. Netflix is also raising their prices and targeting account sharing. Over time Netflix could be seen as less desirable, especially when IPs like Marvel and Star Wars are going elsewhere.