![]() ![]() ![]() ![]() The rapid changes are fueling a wave of consolidation in the media landscape. It comes at a pivotal time as competition ramps up among streaming services such as Netflix, Disney+ and HBO Max, where hit shows are key to driving consumers to subscribe. The deal, subject to regulatory approval, would be the Seattle online retail giant’s second-largest purchase ever, following its $13.7-billion acquisition of Whole Foods in 2017. said Wednesday that it is acquiring Metro-Goldwyn-Mayer Studios for $8.45 billion - snapping up a library of more than 4,000 movies and storied franchises including “James Bond,” “Rocky” and “The Pink Panther” - in a watershed moment for the entertainment industry. After years of speculation about the merging of Big Tech and Hollywood, Inc. ![]()
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