Did Amazon overpay? What is the fate of MGM film chief Michael De Luca? How much will MGM TV chief Mark Burnett pocket in the sale? (The answer: enough to bring his total haul from multiple sales of his production banner to nearly $1 billion.)
But the forward-looking question is how Amazon may change once MGM is brought into Jeff Bezos’ enormous tent of e-commerce, web-hosting services and media.
As the details of the MGM deal emerged, so too did speculation about Amazon’s long-term plans. Sources close to the situation say there have even been discussions about Amazon eventually spinning off the Prime Video and Amazon Studios units into a stand-alone entity; however, Amazon sources dispute this.
Jeff Blackburn’s return to Amazon earlier this month