And the deal is now done - final price a bargain ay $9.45 Billion. This does include Fargo and Handmaid’s Tale.
The article does explicitly quote Mike Hopkins, senior VP of Prime Video and Amazon Studios as saying: “The real financial value behind this deal is the treasure trove of IP in the deep catalog that we plan to reimagine and develop together with MGM’s talented team.” This does confirm for me that the streamers are seeing that Disney has established that the way to succeed is to establish as anchors a few popular film franchises, not primarily to rerun, but to spin off serialized television programs. The price (almost double what MGM was valued at by other suitors) to me has to mean that the Broccoli’s have either surrendered their control over the use of Bond, or agreed to allow MGM to develop several Bond-based series, though this is not mentioned in the article. https://deadline.com/2021/05/amazon-to-buy-mgm-for-8-45-billion-merger-1234764306/ On Mon, 24 May 2021 at 4:26 PM Mark Jeffries <[email protected]> wrote: > Nope. They were in development before he took over. More responsibility > should be given to former NBC exec Warren Littlefield, whose production > company makes them for MGM. > > And it should be pointed out that Burnett never owned his biggest hits > outright--CBS owns big pieces of "Survivor," "The Voice" is co-produced by > Warners and ITV (the latter owns the format after buying out John DeMol's > Talpa Media) and Sony controls the "Shark Tank" format. And "The > Apprentice" was co-owned by Donald J. Trump. > > On Sat, May 22, 2021, 2:34 PM PGage <[email protected]> wrote: > >> But does MGM own the rights to HT and Fargo now through him? >> >> On Sat, 22 May 2021 at 12:10 PM Mark Jeffries <[email protected]> >> wrote: >> >>> MGM bought Mark Burnett's production company and then put him in charge >>> of television in the hopes that he would spawn the next big reality hit. >>> That hasn't happened yet. His attempts at faith-based scripted programming >>> failed, his LightTV subchannel was sold to Byron Allen who replaced it with >>> the Black-oriented GriotTV (with Gizmodo Media) and though he claims >>> responsibility for the prestige scripted shows "Handmaid's Tale" and >>> "Fargo," most people say no. >>> >>> On Sat, May 22, 2021, 9:34 AM PGage <[email protected]> wrote: >>> >>>> So when you first hear Amazon wants to buy MGM, you assume it is to get >>>> James Bond. Makes sense; streaming is about content, and there is no film >>>> content as consistently attractive as Bond. But this article hints at >>>> something else. Amazon is valuing MGM at around $4 BILLION more than anyone >>>> else; that’s got to be more than just a disagreement over how many streams >>>> Goldfinger will generate. >>>> >>>> I can see Amazon paying a premium for reliable franchise content >>>> (Disney became the second biggest player in streaming overnight). But this >>>> only makes sense if it buys unrestricted rights to exploit Bond, and even >>>> then, perhaps some additional value not readily apparent >>>> >>>> It is possible Amazon has someone locked up they want to be the next >>>> Bond. Also (as suggested in this article) they may have a plan to do to >>>> Bond what Disney is doing to SW and MCU and spin off episodic series (Maybe >>>> a show about Moneypenny or Q, or other Double Os). Any extra Bond based >>>> appeal would require the cooperation of the Broccoli family, which is >>>> unpredictable, and does not seem like the basis for an extra $4B bet >>>> (though maybe the extra cash is the incentive to get them to sign a blank >>>> check up front in licensing). >>>> >>>> But I wonder if Amazon is also seeing content value in other parts of >>>> MGM. The article says MGM produces The Voice and Survivor (which seems >>>> surprising to me). These seem like the kinds of content a streamer like >>>> Amazon would love to have some kind of special relationship with, as they >>>> offer chances for cross promotion and exclusive bonus features. >>>> >>>> On Fri, 21 May 2021 at 7:43 PM Kevin M. <[email protected]> >>>> wrote: >>>> >>>>> There could be a monkey-wrench in the Amazon deal. His name? Bond… >>>>> James Bond >>>>> >>>>> >>>>> https://variety.com/2021/film/news/mgm-amazon-james-bond-sale-1234979005/amp/ >>>>> >>>>> >>>>> On Wed, May 19, 2021 at 9:43 AM Tom Wolper <[email protected]> wrote: >>>>> >>>>>> On Mon, May 17, 2021 at 7:34 PM 'Bob Jersey' via TVorNotTV < >>>>>> [email protected]> wrote: >>>>>> >>>>>>> For about $9bil, sources told Variety... the venerable studio's been >>>>>>> on the block since December... >>>>>>> >>>>>>> >>>>>>> https://variety.com/2021/digital/news/amazon-mgm-acquisition-talks-9-billion-1234975168/ >>>>>>> (link) >>>>>>> >>>>>> >>>>>> The venerable studio became a real estate business in the late 60s. >>>>>> They were happy to sell their logos and trademarks as well as rights to >>>>>> the >>>>>> MGM film library. >>>>>> >>>>>> -- >>>>>> You received this message because you are subscribed to the Google >>>>>> Groups "TVorNotTV" group. >>>>>> To unsubscribe from this group and stop receiving emails from it, >>>>>> send an email to [email protected]. >>>>>> To view this discussion on the web visit >>>>>> https://groups.google.com/d/msgid/tvornottv/CAJE-FiEm6zkxiWw%3Dw%2B7EiZeher61B9dEmq4DdEnpE69YDW%3D%3DWA%40mail.gmail.com >>>>>> <https://groups.google.com/d/msgid/tvornottv/CAJE-FiEm6zkxiWw%3Dw%2B7EiZeher61B9dEmq4DdEnpE69YDW%3D%3DWA%40mail.gmail.com?utm_medium=email&utm_source=footer> >>>>>> . >>>>>> >>>>> -- >>>>> Kevin M. 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