Amazon shopping for MGM is simply persevering with a 40,000-year-old media custom

Helen Classes/Alamy

IN LATE Could, Amazon purchased 97-year-old film studio MGM for $8.45 billion. Though that may be a enormous amount of cash, there’s something nearly routine in regards to the transaction at this level. MGM owns among the rights to James Bond and some different well-liked franchises, so there may be discuss how massive tech is about to wreck extra good issues.

Clearly, Amazon is making an attempt to lure extra prospects to MGM’s catalogue, and positive, it’s attainable that Amazon will wreck our love for Agent 007 with a romcom about wacky excessive jinks when James Bond marries a surveillance drone. …

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