Amazon announced it has reached a deal with MGM to buy the company for nearly $ 8,5 billion.
Amazon says it will help preserve the heritage and catalog of MGM films and give users better access to existing works, such as the James Bond franchise. MGM has a catalog of over four thousand films.
The acquisition has yet to pass regulatory approval, but no incidents are expected.
Comment
It is clear that, in a few years, to be able to see something other than reality / junk TV, competitions or news on television, we will have to pay a subscription channel.
The deep pockets of Disney and Amazon - and maybe some other big company, Tencent? - will divide traditional studios to accumulate content.
It is not clear to me if, with these disbursements, Amazon will be able to continue to include its offer of films in the Prime subscription or if it will start putting a supplement if it wants to, time will tell.
With this, Apple's bet, creating its own library of "classics" is even more risky ... even if potentially cheaper.
Not having to shell out billions of dollars to buy content makes amortization easier, but at the same time, for many years to come, it will leave you as the “modest sister” of subscription channels, with less content, less background. ”And with little room for maneuver in terms of a constant flow of new quality content.
Netflix's strategy of filming everything in front of it, with erratic qualities, some very good, some terrible, the vast majority mediocre, is impossible to become the video club of the digital age.
At the moment of truth, few series and movies stand the test of time, as we know all those who have wandered the Netflix offering feeling the laziness of seeing something bad known or unknown to know.
Apple's idea of content that is always new, good (even if only from a production point of view) and with big stars can only be supported by its fund of infinite money.
But the rest of the historical content is already or is about to end, behind a subscription.
The future is paid for, as almost always. A sad and nostalgic day ...
