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

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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– ShepardRahl 30 points 3 years ago +30 / -0

The problem is Amazon said they are going to "reimagine" all of the properties, including Robocop, Stargate, James Bond, Rocky.

You know what that means.

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– TheImpossible1 [S] 17 points 3 years ago +18 / -1

Either shit female protagonists, race flips or piss-poor reboots.

I'm leaning towards bad reboot attempts. You don't spend this much to fuck everything up.

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▲ 14 ▼

– 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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