Jeff Bezos Says Amazon Will ‘Reimagine and Develop’ MGM Library for 21st Century

Claudia Eller Co-Editor-in-ChiefWhen Amazon’s $8.45 billion deal was announced, outgoing honcho Jeff Bezos assured shareholders that the company was committed to “reimagining and developing the deep catalog of MGM.” Never mind that the library his company is purchasing is highly exploited, with a good many of its vintage titles, and even some new movies, already licensed to rival streamers like Netflix, HBO Max, Hulu and Paramount Plus.I say forget more potential remakes, spinoffs and TV shows

Amazon founder Jeff Bezos on The Tonight Show – you can watch it below.Marking the first episode of the show with a full live audience since the coronavirus pandemic began, the talk show host spoke about the US heatwave, Logan Paul and Bezos in his opening monologue.“Welcome to The Tonight Show, everybody,” Fallon began his opening monologue. “We have comedy, we have celebrities, we have music,” said the host, who in March welcomed in a reduced-capacity audience back to 30 Rock.

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Brent Lang Executive Editor of Film and MediaFresh off of upending the media landscape with their deal to combine WarnerMedia and Discovery, Discovery chief David Zaslav and AT&T head John Stankey will touch down in Sun Valley, Idaho, in July for Allen & Co.’s annual media conference.They will be joined at the annual confab of power brokers and media barons by Amazon founder Jeff Bezos, fresh off his $8.5 billion deal to purchase Metro-Goldwyn-Mayer, and will hit the resort at a time when most

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With the $8.75 billion Amazon-MGM deal wrapped, the question around Hollywood now is who will run it and whether MGM execs will cash big checks and head for the exits.

Ethan Shanfeld “Holy mother of DVD extras! The private footage of a TV billionaire is going to belong to an actual billionaire!” In the wake of Amazon’s $8.45 billion acquisition of MGM, Stephen Colbert urged Jeff Bezos to release outtakes from Donald Trump’s “The Apprentice.”“Someday soon, Bezos may release the most racist thing in the MGM catalog, other than ‘Gone With the Wind,'” Colbert joked last night on “The Late Show.”For years, allegations have surfaced about Trump’s inappropriate

The $189 billion man is still expected to still be heavily involved with the tech giant, though, as he moves into his new role as executive chairman of Amazon. Jassy, meanwhile, has been with Amazon since 1997 and spearheaded the launch of Amazon Web Services, the company’s cloud business, in 2003.

Amazon CEO Jeff Bezos said the reason the tech giant acquired MGM is simple – it’s trove of beloved content.

Todd Spangler NY Digital EditorAmazon founder, chairman and CEO Jeff Bezos said the ecommerce giant’s $8.45 billion bid for MGM was driven by a desire to obtain the storied studio’s intellectual property — and create new offshoots based on that.“We’re looking forward to reimagining and developing the deep catalog of MGM,” said Bezos, speaking Wednesday at Amazon’s annual shareholders meeting.He continued, “The acquisition’s thesis here is really very simple: MGM has a vast, deep catalog of