Acquisition Master 📺

Acquisition Master

Chances are that you currently have a subscription to a streaming service, whether it is Netflix or Disney+. The streaming war has been heated, especially during the COVID-19 pandemic when many switched to these platforms. However, Amazon Prime is becoming a major threat to the industry, if you’re not familiar, Amazon Prime Video is Amazon’s streaming service. Yes, I know it feels like Amazon is doing everything these days, but they just want to continue their success. Amazon has continued to compete with the big players, but it’s clear they aren’t contempt with their progress yet.

On Tuesday, Amazon announced that they are close to acquiring MGM Holdings in a 9-billion-dollar deal. Do you remember the roaring lion intro in a movie you’ve watched? If so, that movie was produced by MGM, the private company that has succeeded in Hollywood. This marks Amazon’s second largest acquisition, and a reminder of what companies are doing to inch ahead, especially with AT&T’s deal last week. MGM brings a nice bundle of content, the most known ones being the James Bond series and the Rocky series.

Amazon’s massive streaming push has been noticed, acquiring theatrical releases to exclusively stream on Prime Video, and making a deal with the NFL to stream Thursday Night Football. It shows how diversified the company is, and how ambitious their leadership is. Unless some last-minute decisions occur, the deal is expected to go through for a hefty premium compared to MGM’s valuation in December, which was around 5.5 billion. What do you think about Amazon’s acquisition?

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

Share:

More Posts

What is a kids brokerage account?

A kid’s brokerage account is more accurately called a custodial account. This is a brokerage account that parents or legal guardians can open on behalf of their child.

Poll: Bailing Out the Banks 🏦

This week, we asked the Invstr Community, “Do you think the government should have stepped in and covered all deposits over the FDIC limit of $250K at Silicon Valley Bank?”

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community.The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results.Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such.Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.