Amazon Closes Deal to Acquire MGM. Now What?
The Town with Matthew Belloni
The Ringer
4.3 • 1.1K Ratings
🗓️ 17 March 2022
⏱️ 16 minutes
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| 0:00.0 | For as long as I've known the NBA, it's been a Stars League. |
| 0:03.9 | But even among the Stars, there's an exclusive club. |
| 0:07.8 | Russell and Dr. Jay, Jordan, Kobe. |
| 0:11.3 | They're all part of a select group that paved the way for the NBA superstar of today. |
| 0:16.9 | And some even shared secrets with each other along the way. |
| 0:21.4 | From Spotify and the Ringer podcast network, I'm Jackie McMullen, and this is the Icons |
| 0:27.5 | Club. |
| 0:31.9 | Welcome, everyone. |
| 0:32.9 | I'm Matt Bellany. |
| 0:33.8 | Today is Thursday, March 17th, St. Patty's Day. |
| 0:37.0 | Today we're going to talk with media analyst Andrew Wallenstein, a noted Irishman. |
| 0:41.3 | And we're going to talk about Amazon, closing its $8.5 billion deal for MGM Studios. |
| 0:48.3 | A huge deal in Hollywood, 6.5 billion. |
| 0:51.3 | And then with debt, it's 8.5 billion. |
| 0:53.3 | A lot of billions. What's going to happen |
| 0:55.4 | to the Amazon Prime interface? What's going to happen to those 4,000 movies in the MGM library? |
| 1:01.1 | What's going to happen to you, a consumer of media and entertainment? But first, I want to talk a |
| 1:06.2 | little bit about the Chris Cuomo situation. I can't quite understand how it got to hear. Chris Cuomo, |
| 1:12.6 | if you haven't seen, he filed an arbitration demand yesterday. He's asking for $125 million |
| 1:18.8 | for his firing from CNN. He's claiming that he's owned about $15 million of salary |
| 1:24.5 | left on his deal for 19 months. But he's also saying that he's owed about $110 million because CNN fired him and |
| 1:34.3 | essentially, in his words, tarred and feathered him and destroyed his reputation by |
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