Amazon has acquired MGM Studios for $8.45 billion - Is it really worth that much? Aren't 90% of their offerings from before color TV? - Kotaku In Action 2 - The Official Gamergate Forum

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Amazon has acquired MGM Studios for $8.45 billion - Is it really worth that much? Aren't 90% of their offerings from before color TV? (archive.is)

posted 3 years ago by TheImpossible1 3 years ago by TheImpossible1 +35 / -0

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– hilboggins 14 points 3 years ago +14 / -0

Amazon is known for taking losses on their profit margin just to kill of competition or pursue a larger purpose.

Their retail sector was only generating 3% margins when I was in the ecom space back in 2013. The goal was completely own the space and gain prime members to push the additional more profitable products.

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