Media

James Bond, Meet Jeff Bezos: Amazon Makes $8.45 Billion Deal for MGM

“It’s critical that mergers and acquisitions involving monopoly companies experiencing tremendous and exponential growth are met with a greater level of scrutiny,” Mr. Buck said. Amazon’s revenue for the first quarter of 2021 increased 44 percent to $108.5 billion, the company’s fastest rise in almost 10 years. Amazon’s entertainment strategy has evolved as streaming services …

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SpongeBob, ‘Star Trek’ and sports drive subscriptions to Paramount+.

SpongeBob, “Star Trek” and the Super Bowl have attracted new subscribers to ViacomCBS’s streaming platforms. The company, led by Shari Redstone, rebranded its long-running streaming service as Paramount+ in March, while also providing it with a slew of new shows, films and sports programming. The company also added content to Pluto, its free streaming service. …

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