The rumors over the last couple of weeks turned out to be on target: E-commerce giant Amazon (NASDAQ: AMZN) announced today that it is buying movie studio MGM, in a deal worth $8.45 billion. The similarly named hospitality and entertainment company MGM Resorts International plays
Amazon.com Inc said on Wednesday it is buying MGM, the fabled U.S. movie studio home to the "James Bond" franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with streaming rivals led by Netflix and Disney+.
Amazon.com Inc said on Wednesday it is buying MGM, the fabled U.S. movie studio home to the "James Bond" franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with
streaming rivals led by Netflix and Disney+.
Swedish gambling technology company Evolution is betting online casinos will increasingly replace physical venues and help to maintain its rapid recent expansion.
Walt Disney (NYSE: DIS) is a company that needs no introduction, but it might surprise you to learn that despite the faster-than-expected vaccine rollout and reopening progress, its stock has taken a beating lately and is now about 15% off the highs. In this Fool Live video clip,
AT&T (NYSE: T) has announced that it's merging its media assets with Discovery (NASDAQ: DISCA). The result will be a streaming monster that includes HBO, CNN, TNT, TBS, Cartoon Network, TLC, Food Network, HGTV, and more. In this episode of MarketFoolery, Motley Fool analyst J
WASHINGTON (Reuters Breakingviews) - Amazon.com would combine a few moves in its potential $9 billion MGM Holdings deal. Jeff Bezos’s firm may pay a huge premium for the co-owner of the James Bond franchise, despite the risk that it could
You don’t have to be a Trekkie to appreciate the growing investment opportunities in space. The space economy, measured by revenues generated by space-related endeavors, could triple in size to top $1 trillion over the next 10 years.A big push is coming from innovative star
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $1.3 billion dollar outflow -- that's a 0.8% decrease week over week (from 482,950,0
There's been a lot of chatter lately about the threat of higher inflation and for good reason. An unprecedented amount of government stimulus, rising consumer demand coming out of the pandemic, and tight supply chains have all resulted in fears of higher prices.
Turkish President Tayyip Erdogan will hold a roundtable call with several U.S. corporate chief executives on Wednesday to highlight both countries' growing cooperation, Turkey's embassy in Washington confirmed on Tuesday.
Sony's animated comedy "Peter Rabbit 2" drove UK cinemas' box office takings in their reopening weekend to the highest since the pandemic took hold last year, giving a boost to cinema chains which had been burning through cash during months of lockdowns.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in NVIDIA Corp (Symbol: NVDA), where a total volume of 225,134 contracts has been traded thus far today, a contract volume which is representative of approximately
Sony's animated comedy "Peter Rabbit 2" drove UK cinemas' box office takings in their reopening weekend to the highest since the pandemic took hold last year, giving a boost to cinema chains which had been burning through cash during months of lockdowns.
Sony's animated comedy "Peter Rabbit 2" drove UK cinemas' box office takings in their reopening weekend to the highest since the pandemic took hold last year, giving a boost to cinema chains which had been burning through cash during months of lockdowns.