11:58am EDT|
From Malone To MGM, Big Mediaâs New Deal Talk Hints At A New Wave Of Consolidation
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When the WarnerMedia-Discovery deal that was quietly negotiated in a Greenwich Village brownstone became public Monday, it stirred speculation about a wave of consolidation to come.
It didnât take long for the next shoe to drop: Within hours, news accounts affirmed a
Forbes report from January that Amazon, the Big Tech home of one of the worldâs leading streaming businesses, was in talks to acquire the storied movie studio MGM for as much as $9 billion.