Why Did AMAZON Acquire MGM?
Amazon, the online store of everything, is currently busy expanding its business domain across the corporate world. Last month they signed the Second-largest acquisition deal in the history of the company. An $8.45 billion check confirmed Amazon’s ownership over MGM’s 4000 movies and 17000 Shows, making it a milestone for Amazon’s streaming and media service. Watch the video to get a deeper analysis of the business gains of this deal!
Narrated by: Tasnimah Haque
Produced by: Syed Albhi Fahad
Scripted by :
Rownok Shihab
Quazi Anuva Raidah
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Timestamps:
0:00 Intro
0:37 The deal
1:45 Cause 01 : Increased Budget and Content Creation Ratio
3:31 Cause 02 : Time is essence for Amazon
4:03 Cause 03: Getting to explore two new industries
4:53 From MGM’s perspective : Why MGM had to sell
6:05 The Question & Outro
References :
Casino industry - statistics & facts
https://www.statista.com/topics/1053/...
MGM Resorts revenue worldwide 2020 https://www.statista.com/statistics/2...
MGM_Q1 2021 Financial Report.pdf https://d3t5dl8rm82xnb.cloudfront.net...
Credits:
Upbeat Corporate by JP Bianchini https://jpbianchini.com
Creative Commons — Attribution 3.0 Unported — CC BY 3.0
Free Download / Stream: https://bit.ly/upbeat-corporate
Music promoted by Audio Library • Upbeat Corporate – JP Bianchini (No Copyri...
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