Amazon plans to buy MGM film library

Published

3 years ago

May 18, 2021

Anthony Lucas

Amazon is weeks into negotiations on a deal to acquire MGM for around $9 billion

Amazon has announced they plan to buy MGM film library.

They expressed particular interest in several major franchises including James Bond, Rocky and the Pink Panther.

MGM also owns the Epix cable channel and makes several US TV shows, including The Handmaid’s Tale and Survivor.

Amazon CEO recently told investors that 175 million people streamed the company’s Prime Video service in the past year alone. Around 200 million members subscribe to the streaming platform.

Why the meme-stock frenzy is unlikely to repeat

Published

2 hours ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

1 day ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending