Much of the coverage of Amazon’s $8.45B deal to acquire MGM has focused on the company’s film attributes and the impact on theatrical distribution.The executive shuffle on the film side, featuring the likes of Michael De Luca, will get a lot of headlines, as will the importance of owning IP and a film library that can feed its hungry video services.
But the lion’s television business has been one of its most profitable divisions in recent years and the mega-deal will certainly put a new focus on this unit.There will be inevitable attention on which classic MGM film properties that Amazon Prime Video and its sister streamer IMDBtv can reboot, but the deal could also have a major boost on the streamer’s unscripted fortunes.
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