Amazon is buying MGM Studios, home of James Bond. The nearly $8.5 billion deal, announced Wednesday, gives the e-commerce titan a massive film and TV library. MGM is one of the most iconic movie studios in history. It’s library catalog includes classics like “The Wizard of Oz,” “Rocky,” and “Legally Blonde.” This comes as Amazon is…
NTD Business Full Broadcast (May 26)
Amazon completing its second biggest acquisition – buying Hollywood’s MGM studios. Netflix and Disney Plus beware. Climate change activists win 2 board seats at Exxon Mobil, as an activist investor pushes to overhaul Exxon’s strategy. A state liquor law makes New York City restaurants delay reopening. What’s so special about a liquor license? And why can’t…
Amazon to Buy MGM for $8.45 Billion, Gaining Access to Vast Trove of Titles Like ‘Rocky’ and ‘James Bond’
Amazon has sealed a deal to snap up Metro Goldwyn Mayer (MGM) for $8.45 billion, the two companies announced in a joint statement Wednesday, with the acquisition being Amazon’s second-biggest ever and the company’s boldest foray yet into the entertainment industry. With the acquisition, which is subject to regulatory approvals and other customary closing conditions,…
NTD Evening News Full Broadcast (May 25)
The Washington D.C. Attorney General is suing Amazon, the Floyd family meets with President Biden at the White House one year after George Floyd’s death, and the U.S. is calling for a second investigation into the origins of the pandemic.
NTD Business Full Broadcast (May 25)
Washington D-C files a lawsuit against Amazon. The Attorney General says Amazon’s treatment of sellers is anti-competitive, and you’re paying more and have fewer choices because of it. Could traditional exchanges like the New York Stock Exchange and NASDAQ soon be a thing of the past? We look at a new type of decentralized exchange,…
District of Columbia Sues Amazon for Antitrust Law Violations
The District of Columbia filed an antitrust lawsuit against online retailing giant Amazon today, accusing the Seattle-based company of using its monopoly power to harm consumers. Amazon is the world’s largest online retail platform. As of May 25, the company had a market capitalization of $1.63 trillion, and according to the Wall Street Journal, was…
Amazon Security Guards Accessed Mailbox During Union Election, Worker Says
Two Amazon security guards unlocked a mailbox that was used to hold mail-in ballots for a unionization election, a worker told a hearing on Friday. Kevin Jackson, who works at an Amazon facility in Bessemer, Alabama, said he witnessed the guards go to the mailbox and use keys to open one of its doors, Bloomberg…
NTD Business Full Broadcast (May 12)
A fuel shortage hurting states along in the Southeast. Gas prices are rising and lines are forming at pumps while a fuel pipeline recovers from a cyber attack. Inflation’s picking up. Consumer prices up over 4% in a year, hitting a 13-Year High. NTD talks to businesses and experts about what’s driving the surge. A…
Amazon Blocked Over 10 Billion Listings in 2020 Suspected of Being Fraudulent: Report
Amazon blocked more than 10 billion listings last year suspected of being fraudulent and no single offer was able to get sold on the marketplace.
Amazon Blocks Over 10 Billion Listings in 2020 Suspected of Being Fraudulent: Report
Amazon blocked more than 10 billion listings last year suspected of being fraudulent and no single offer was able to get sold on the marketplace.
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