{"id":35681,"date":"2021-05-26T16:51:21","date_gmt":"2021-05-26T23:51:21","guid":{"rendered":"https:\/\/lapost.us\/?p=35681"},"modified":"2021-05-26T17:51:56","modified_gmt":"2021-05-27T00:51:56","slug":"amazon-to-acquire-mgm-eu-updates-disinformation-rules","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=35681","title":{"rendered":"Amazon to acquire MGM | EU updates disinformation rules"},"content":{"rendered":"<p>Amazon will acquire MGM Studios for $8.45 billion, the e-commerce giant announced Wednesday.<\/p>\n<p>The deal for the entertainment studio is the second largest in Amazon\u2019s history, behind its $13.7 billion acquisition of Whole Foods in 2017.<\/p>\n<p>It is a sign of Amazon\u2019s ambitions in the streaming market and will boost its Prime Video offerings.<\/p>\n<p>\u201cThe real financial value behind this deal is the treasure trove of IP in the deep catalog that we plan to reimagine and develop together with MGM\u2019s talented team,\u201d Mike Hopkins, senior vice president of Prime Video and Amazon Studios, said in a statement. \u201cIt\u2019s very exciting and provides so many opportunities for high-quality storytelling.\u201d<\/p>\n<p>The acquisition could heighten existing antitrust scrutiny on Amazon.<\/p>\n<p>Senate antitrust subcommittee Chair Amy Klobuchar (D-Minn.) on Wednesday called on regulators to conduct a \u201cthorough investigation\u201d into the proposed acquisition \u201cto ensure that this deal won\u2019t risk harming competition.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon will acquire MGM Studios for&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-35681","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/35681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35681"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/35681\/revisions"}],"predecessor-version":[{"id":35682,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/35681\/revisions\/35682"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}