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The collapse of the media this year has been particularly acute since dotcom has increased by more than $ 232bn announced until Amazon closes $ 9bn of MGM, the well-known studio James Bond and Rocky.
The proposed partnership with ecommerce, which could be a major opportunity for the media, will follow AT&T’s concept of integration. WarnerMedia and Discovery to make movies with a TV company with a high-value business of more than $ 130bn. The combined team is looking forward to competing with Disney, Netflix and Amazon in the race.
The price of commercials announced in the media so far this year is the highest since 2000 by 640% compared to the same period of 2020, according to Refinitiv.
The M&A Spree was run by advertisers, entertainment companies and professional groups who want to fill in the lure to attract subscribers to their services.
Disney, Apple, WarnerMedia, Comcast and Discovery are some of the companies that have launched the platform in the last 18 months.
Apple and Comcast are also vying to buy MGM, which is managed by US hedge fund Anchorage Capital and a financial partnership, according to the people who described the negotiations. Amazon had a chance to win because they were willing to pay $ 3bn more than their biggest competitors, adding people.
“Opponents are using M&A to increase volume and have the opportunity to create and acquire unique content, which is crucial to running subscribers,” said Marco Caggiano, co-director of North America M&A at JPMorgan.
The breakdown in operations in the group has been slightly exacerbated by the failure of telecommunications companies such as AT&T and Verizon, which have tried to build integrated automotive housing.
Last week AT&T announced the dismissal of WarnerMedia – owner of CNN, HBO and Warner Bros. – who agreed to raise $ 85.4bn five years ago. In February, the telecom company resold 30% share from DirecTV to independent US TPG, and see the television business at $ 16.25bn – about a third of what AT&T paid six years ago.
Verizon announced this month that it was for sale Yahoo and other media outlets for the US-based firm Apollo Global Management for $ 5bn, just five years after the telecom group spent $ 9bn to pay for its revenue, including the Huffington Post.
For Amazon the MGM deal could be even bigger since $ 13.7bn acquired Whole Foods in 2017, as well as a recent announcement that it intends to spend more on entertainment. Earlier this year the company signed a $ 1bn annual deal to win the NFL, one of which has earned a fair share of the game.
Amazon spent $ 11bn on assets in 2020, up from $ 7.8bn last year, as it grows in an effort to attract and retain new members in its $ 119-a-year membership of their Prime Minister.
In a recent letter to shareholders, Jeff Bezos, chief executive officer, said there were now more than 200m Prime members. In a statement, the company said 175m of them had seen the show last year.
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