James Bond meets Amazon in $8.5B merger to rival streaming giants
James Bond is merging with online retail, Amazon has closed its $8.5 billion dollar deal to buy MGM
The online retailing giant is looking to draw consumers through its streaming service.
Its decision to close comes after a deadline passed for the U.S. Federal Trade Commission to challenge the deal
Amazon announced the transaction back in May last year, and Nearly a year later, Amazon is clear of regulatory hurdles
“MGM has a nearly century-long legacy of producing exceptional entertainment, and we share their commitment to delivering a broad slate of original films and television shows to a global audience,”
“We welcome MGM employees, creators, and talent to Prime Video and Amazon Studios, and we look forward to working together to create even more opportunities to deliver quality storytelling to our customers.”Mike Hopkins, senior VP of Prime Video and Amazon Studios
MGM will boost Amazon Prime Video’s offering with more than 4,000 film titles
Amazon hopes its impressive movie titles and long list of television shows may help Prime compete with streaming rivals Netflix and Disney plus.
There is no word on layoffs Amazon stating it would welcome all MGM employees to the company and work with the studio’s leadership
According to an Amazon rep, with the deal closed, MGM’s management team is joining the group headed by Mike Hopkins, senior VP of Prime Video and Amazon Studios. That includes film chief Michael De Luca and television group head Mark Burnett.
“MGM has been responsible for the creation of some of the most well-known and critically acclaimed films and television series of the past century. We look forward to continuing that tradition as we head into this next chapter, coming together with the great team at Prime Video and Amazon Studios to provide audiences with the very best in entertainment for years to come.”Chris Brearton, chief operating officer of MGM.
Deepfakes are taking over Hollywood
Deepfakes are the online phenomenon changing the way in which we consume and trust social media
Have you ever scrolled through social media and found a celebrity selling something a bit left of centre?
Chances are you have fallen victim to a deepfake.
These images and videos are a type of artificial intelligence, which promises to create doctored videos, which are almost impossible to tell apart from the real thing.
They have typically been used in pornographic clips and for celebrity endorsements.
Prince Harry involved in ‘near catastrophic’ car chase
Harry has long spoken out about his anger over press intrusion, which he blames for his mother’s death
Prince Harry, his wife Meghan and her mother were involved in a “near catastrophic car chase” involving paparazzi photographers in New York.
The incident took place after they left the Ms. Foundation for Women, where Meghan was honoured for her work.
“This relentless pursuit, lasting over two hours, resulted in multiple near collisions involving other drivers on the road, pedestrians and two NYPD (New York Police Department) officers,” said Prince Harry’s spokesperson.
The chase involved paparazzi driving on the sidewalk, running red lights and driving while taking pictures.
“I thought that was a bit reckless and irresponsible,” New York Mayor Eric Adams said.
Harry has long spoken out about his anger over press intrusion, which he blames for his mother’s death.
Princess Diana was killed when her limousine crashed as it sped away from chasing paparazzi in Paris in 1997.
Harry and Meghan stepped down from their royal duties in 2020, partly over what they described as intense media harassment.
Harry is currently involved in numerous court cases in London where he has accused papers of using unlawful methods to target him and his family.
Tom Hanks open to continuing career with A.I. help
Despite the crackdown on A.I., one famous actor has raised the prospect of his career continuing after his death by using the technology
‘Forrest Gump’ and ‘Cast Away’ actor Tom Hanks says new tech could be used to recreate his image to appear in movies “from now until kingdom come”.
Hanks was asked about the legal ramifications of A.I. on a recent podcast with Adam Buxton.
He says talks are being held in the film industry about how to protect actors from the effects of the technology.
Hanks told the host: “I could be hit by a bus tomorrow and that’s it, but performances can go on and on and on and on.”
The award-winning actor acknowledged that tech developments could lead to an AI-generated version of himself appearing in films he may not not normally choose.
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