Timeline:
In 1924, MGM studios commenced production. This was a major event in Hollywood history as it marked the beginning of one of the most successful film studios in history. ..
In 1953, English novelist Ian Fleming introduced the James Bond character in his thriller Casino Royale. The character quickly became a popular icon of spy fiction and has since been featured in many other novels and films. ..
In 2020, MGM’s desire to sell its movie studios began as it trapped in bankruptcy. The company was unable to make a profit from its theaters and was forced to file for bankruptcy. MGM’s desire to sell its movie studios is a sign of the times, as the industry is struggling to make a profit.
The online commerce website/company owning Prime Video, an OTT (Over The Top, a service delivering content on the internet) is highly benefited by the release of the James Bond, Rocky, and Creed series of movies on its platform. This could lead to more subscribers subscribing to Prime Video. This is a strategy to promote and develop the internet streaming platform.
How is MGM benefited from the deal
What is the future of James Bond movies?
MGM and Danjaq LLC have merged, which means that they now hold control over future Bond films. This could mean a different Agent could be playing the iconic role, 007 cartoons, a new range of movies, and maybe all of the suggestions. A range of new content is expected but only time will tell us what the merger brings to the table and to Bond fans around the world. ..
James BondThe Handmaid’s Tale Fargo Stargate Rocky Legally Blonde Vikings The Pink Panther The Silence of the Lambs
What does the deal mean? What is the next move?
Conclusion
The conclusion of the deal is that the MGM studio and e-commerce company both come out winners. The MGM still has a say in the release and production of the series of movies it had produced and acquired in the past. The name “MGM” is still used with and for the movies to be released. Whereas the online website is advantaged by adding movies and TV shows to its OTT platform. One still works without losing its name, while the other has developed its business. All of this is business tactics, and a very great deal that’s been signed. ..
Frequently asked questions:
The James Bond series of movies can be watched on Prime Video and OTT applications on devices. The upcoming movies will probably be released in theaters with respect to the ongoing pandemic situation and the sudden increase of Covid-19 cases.
