and DirecTV were the Big 4 of the media distribution world for the past decade, Amazon, Apple, AT&T, Comcast, Disney and Netflix look like the Big 6 of the streaming era.
MGM has held preliminary talks with a number of companies, including Apple and Netflix, to gauge their interest in an acquisition, two of the people said. MGM owns the James Bond catalog and its studio has made several current hit shows including "The Handmaid's Tale," which streams on Hulu, and "Live PD," a reality police show that hasand airs on A&E. It also owns premium cable network Epix.
If that's where the world is headed, the big streaming services will continue to look for an edge over each other. That's good news for the little guys, which may see their values spike if they turn into juicy acquisition targets. Netflix is the only pure play entertainment streaming video company, meaning it will have to churn out content at rates far faster than its competition, which still gets billions of dollars from a declining yet formidable traditional cable TV model with 80 million U.S. households. Buying a studio could help jump start Netflix's original productions, particularly for time-consuming movies. Netflix has an internal goal to make 95 movies in a year, according to people familiar with the matter.
Keeping my fingers crossed for ViacomCBS. Who do you think should acquire MGM? If not listed feel free to comment.. $T $AAPL $NFLX $VIAC TimeForStargate