10-Q SEC filing on Friday following the company’s earnings yesterday, in estimated value encompasses roughly 4,000 film titles and 17,000 episodes of TV.
It’s the first filing to discuss any information about MGM’s perceived value to Amazon. Amazon acquired MGM for $8.5 billion in a deal that closed in March, and it further justified its acquisition price by noting that it includes roughly “4.9 billion of goodwill,” which is a term that generally encompasses other intangible assets, in this case the 100-year-old brand name of MGM, its existing talent relationships and other untapped IP that the studio holds, the Bond franchise partially among them.
The filing also breaks down some of the details of the MGM acquisition, saying that it paid $6.1 billion in cash and also immediately paid off $2.5 billion in debt after the acquisition closed.
Read more on thewrap.com
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