Timeline:
1924: MGM ( Metro-Goldwyn-Mayer) studios commenced
1953: English novelist Ian Fleming first introduced the James Bond character in his 1953 thriller Casino Royale.
2020: MGM’s desire to sell its movie studios began as it trapped in bankruptcy
The massive online commerce website/company owning Prime Video, an OTT (Over The Top, a service delivering content on the internet) is highly benefited. The major reason could be that Prime Video can release the James Bond, Rocky, and Creed series of movies on the platform. This could in turn bring in more subscribers 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?
Alongside MGM, Danjaq LLC, also holds control over future Bond films. The possibility of future releases could be to reshape the 007 franchise. 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 on table and the viewers.
James BondThe Handmaid’s TaleFargoStargateRockyLegally BlondeVikingsThe Pink PantherThe Silence of the LambsRobocop
What does the deal mean? What is the next move?
Conclusion
The conclusion of the deal is that the deal is a kind of win-win for both the companies, the MGM studio, and the e-commerce company. 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 is MGM is still used with and for the movies to be released. Whereas the online website is advantaged by adding movies and Television shows to its OTT platform. One still works without losing its name and the other has developed its business. All of this is business tactics and a very great deal that’s been signed.
Frequently asked questions:
Where can I watch James Bond movies now?
Should I buy James Bond movies to watch?
To watch the James Bond series of movies, one can subscribe to Prime Video and OTT applications on their 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.
What are the next James Bond movies lined up?
How much is a Prime Video subscription in the United States of America?
Can I watch James Bond movies anytime I want?
How to watch the Rocky and Creed series of movies?
