In this vein, $8.45B seems a bargain for the likes of Apple to instantly booster their very limited TV+ offerings. Was this an exclusive, closed door negotiation between owners of MGM and Amazon?
I'm perplexed how the final price isn't a lot higher due to a potential bidding war between all the streaming giants. Even Netflix would benefit - if anything to force competitors to pay more.
What about MGM’s back catalog makes Apple TV+ qualitatively more compelling to your marginal subscriber? Versus say spending that same $8.5B on new content?
There’s not much “forward looking” IP of value tied to MGM except the Bond franchise, and it sounds like the Broccoli’s aren’t giving up control of that in this deal.
Not yet. The key is to keep adding properties and unlock other deals, eventually Amazon/Apple could convince broccoli in ways MGM never can try. Deeper pockets, way better distribution etc.
It took several deals for Disney to line up MCU fully. They spent a lot on Pixar, star wars and MCU , fox acquisitions to become the force they are today.
Without these acquisitions, Disney would also be largely a back catalog like MGM being sold today .
The theory is that sum of the properties are worth more than each individually.
Very easily are a few million people who'd be willing to have access to the Stargate library as part of a subscription + hopefully they start production again of at least Stargate Universe; it's premise would make for an awesome game too.
I'm perplexed how the final price isn't a lot higher due to a potential bidding war between all the streaming giants. Even Netflix would benefit - if anything to force competitors to pay more.