Amazon has nabbed a lion in winter.
The retail and entertainment giant announced Wednesday that it would acquire MGM, the storied movie studio for $8.5 billion, giving them the keys to franchises like James Bond and Rocky, and landing the flagging studio around $3 billion more than its valuation. If all this consolidation seems like a product of the 21st century’s rapacious online monopolies, it’s actually true to the spirit of Metro-Goldwyn-Mayer’s multihyphenate origins.
It all started with a few Jews. Samuel Goldwyn (né Goldfish), a Polish immigrant, who founded Goldwyn Pictures in 1916, produced a raft of silent films, standing out from the crowd of upstart studios with a striking production card featuring a real-life lion encircled in a crest.
La compra por Amazon, último episodio en la saga de la mítica MGM
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Amazon purchase latest twist in MGM saga
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Voces de Libertad: Solo por hoy
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This Week in History: April 17-23, 2017
for human events ever resemble those of preceding times.”
Machiavelli
April 17
1704 – John Campbell publishes in Boston the first successful U.S. newspaper.
1865 – Mary Surratt is arrested as a conspirator in President Lincoln’s assassination. She owns the boarding house where her son John Surratt, along with John Wilkes Booth and others, conspire to kill the president. She is hanged on July 7th with three others convicted of the conspiracy. Mary, aged 42, is the first woman executed by order of the U.S. government.
1924 – Metro Pictures, Goldwyn Pictures, and Louis B. Mayer Company merge to form MGM.