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May 25, 2021
With the MGM deal, Amazon is continuing its efforts to build a presence in the entertainment sphere.
SHOW TRANSCRIPT
Amazon is in talks to buy MGM Studios the company behind titles like The Wizard of Oz, the James Bond franchise, The Hobbit and Legally Blonde for $9 billion.
The deal, if approved, would be one of Amazon s largest acquisitions since its $13.7B purchase of Whole Foods in 2017. In March, Amazon also spent $10 billion on an 11-year deal to get the exclusive rights for the NFL s Thursday NIght Football.
With the MGM deal, Amazon could continue building its presence in entertainment, and potentially mine the studio s well-known franchises for future series and films. The retailer has already been working on a Lord of the Rings series with the first season estimated to cost $465 million, according to The Hollywood Reporter. To put that price tag in context, a season of Game of Thrones costs roughly $100 million.
Founder and CTO of Basecamp and Hey, David Heinemeier Hansson recounts their battle with Apple and the policy changes needed in the App Store.
In June 2020 Basecamp launched Hey, a new email service and app on iPhone and Android. After the app was already approved in Apple s App Store, a minor update triggered the Hey app to be rejected due to a lack of in-app purchase options.
Despite many apps following the same business model, such as Netflix and Fastmail, a drawn-out battle ensued between Hey and Apple that sparked a larger conversation regarding antitrust and App Store policy.
On the podcast, Hansson recounts the events that took place during the Hey app dispute and argues for a major change in the App Store policy: that Apple should finally allow users to install apps directly from developers without going through the App Store.