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MGM/Amazon deal said to see EC state of play meeting today

Mar. 01, 2022 12:57 PM ETMGM Holdings Inc. (MGMB), AMZNBy: Joshua Fineman, SA News Editor3 Comments

007 Piz Gloria Schilthorn

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Executives from Amazon's (NASDAQ:AMZN) and MGM Studios (OTC:MGMB) are said to be attending a "state of play" meeting with the European Commission today.

While state of play meetings have in the past been associated

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Comments (3)

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Ya its ridiculous that this deal would be turned down. It's about building a better prime experience!
nerd_rage profile picture
Of all the deals under consideration, this strikes me as the least concerning of them all. AMZN wants MGM so it can use its IP to create big-brand streaming series.

The pattern is pretty well established. They're making Jack Ryan, Jack Reacher, Lord of the Rings, and soon Blade Runner and Alien series. MGM nets them Stargate, Pink Panther, Robocop and James Bond. All could be series. The Broccolis will probably nix any attempt to overexpose Bond on streaming, but why not a series based on Felix Leiter or some villainous Bond babe?

None of these series would exist unless the deal goes through. Antitrust is about protecting consumer choice, so why squelch consumer choice? NFLX might not like this deal but the subscribers will.
@nerd_rage Stargate is long overdue for a continuation.

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