Why People Don’t Understand Amazon’s MGM Acquisition

Amazon recently agreed to purchase MGM for over $8 billion, and the reaction has been skeptical. Critics of the deal argue that Amazon overpaid for the MGM catalog, especially in comparison to Disney’s (admittedly brilliant) trio of acquisitions: Star Wars ($4 billion), Marvel ($4 billion), and Pixar ($7 billion). But this is allow hindsight to … Continue reading Why People Don’t Understand Amazon’s MGM Acquisition