/*!
 * Dialogs Manager v4.9.3
 * https://github.com/kobizz/dialogs-manager
 *
 * Copyright Kobi Zaltzberg
 * Released under the MIT license
 * https://github.com/kobizz/dialogs-manager/blob/master/LICENSE.txt
 */

(function($, global) {
	'use strict';

	/*
	 * Dialog Manager
	 */
	var DialogsManager = {
		widgetsTypes: {},
		createWidgetType: function(typeName, properties, Parent) {

			if (!Parent) {
				Parent = this.Widget;
			}

			var WidgetType = function() {

				Parent.apply(this, arguments);
			};

			var prototype = WidgetType.prototype = new Parent(typeName);

			prototype.types = prototype.types.concat([typeName]);

			$.extend(prototype, properties);

			prototype.constructor = WidgetType;

			WidgetType.extend = function(typeName, properties) {

				return DialogsManager.createWidgetType(typeName, properties, WidgetType);
			};

			return WidgetType;
		},
		addWidgetType: function(typeName, properties, Parent) {

			if (properties && properties.prototype instanceof this.Widget) {
				return this.widgetsTypes[typeName] = properties;
			}

			return this.widgetsTypes[typeName] = this.createWidgetType(typeName, properties, Parent);
		},
		getWidgetType: function(widgetType) {

			return this.widgetsTypes[widgetType];
		}
	};

	/*
	 * Dialog Manager instances constructor
	 */
	DialogsManager.Instance = function() {

		var self = this,
			elements = {},
			settings = {};

		var initElements = function() {

			elements.body = $('body');
		};

		var initSettings = function(options) {

			var defaultSettings = {
				classPrefix: 'dialog',
				effects: {
					show: 'fadeIn',
					hide: 'fadeOut'
				}
			};

			$.extend(settings, defaultSettings, options);
		};

		this.createWidget = function(widgetType, properties) {

			var WidgetTypeConstructor = DialogsManager.getWidgetType(widgetType),
				widget = new WidgetTypeConstructor(widgetType);

			properties = properties || {};

			widget.init(self, properties);

			return widget;
		};

		this.getSettings = function(property) {

			if (property) {
				return settings[property];
			}

			return Object.create(settings);
		};

		this.init = function(settings) {

			initSettings(settings);

			initElements();

			return self;
		};

		self.init();
	};

	/*
	 * Widget types constructor
	 */
	DialogsManager.Widget = function(widgetName) {

		var self = this,
			settings = {},
			events = {},
			elements = {},
			hideTimeOut = 0,
			baseClosureMethods = ['refreshPosition'];

		var bindEvents = function() {

			var windows = [elements.window];

			if (elements.iframe) {
				windows.push(jQuery(elements.iframe[0].contentWindow));
			}

			windows.forEach(function(window) {
				if (settings.hide.onEscKeyPress) {
					window.on('keyup', onWindowKeyUp);
				}

				if (settings.hide.onOutsideClick) {
					window[0].addEventListener('click', hideOnOutsideClick, true);
				}

				if (settings.hide.onOutsideContextMenu) {
					window[0].addEventListener('contextmenu', hideOnOutsideClick, true);
				}

				if (settings.position.autoRefresh) {
					window.on('resize', self.refreshPosition);
				}
			});

			if (settings.hide.onClick || settings.hide.onBackgroundClick) {
				elements.widget.on('click', hideOnClick);
			}
		};

		var callEffect = function(intent, params) {

			var effect = settings.effects[intent],
				$widget = elements.widget;

			if ('function' === typeof effect) {
				effect.apply($widget, params);
			} else {

				if ($widget[effect]) {
					$widget[effect].apply($widget, params);
				} else {
					throw 'Reference Error: The effect ' + effect + ' not found';
				}
			}
		};

		var ensureClosureMethods = function() {

			var closureMethodsNames = baseClosureMethods.concat(self.getClosureMethods());

			$.each(closureMethodsNames, function() {

				var methodName = this,
					oldMethod = self[methodName];

				self[methodName] = function() {

					oldMethod.apply(self, arguments);
				};
			});
		};

		var fixIframePosition = function(position) {
			if (! position.my) {
				return;
			}

			var horizontalOffsetRegex = /left|right/,
				extraOffsetRegex = /([+-]\d+)?$/,
				iframeOffset = elements.iframe.offset(),
				iframeWindow = elements.iframe[0].contentWindow,
				myParts = position.my.split(' '),
				fixedParts = [];

			if (myParts.length === 1) {
				if (horizontalOffsetRegex.test(myParts[0])) {
					myParts.push('center');
				} else {
					myParts.unshift('center');
				}
			}

			myParts.forEach(function(part, index) {
				var fixedPart = part.replace(extraOffsetRegex, function(partOffset) {
					partOffset = +partOffset || 0;

					if (! index) {
						partOffset += iframeOffset.left - iframeWindow.scrollX;
					} else {
						partOffset += iframeOffset.top - iframeWindow.scrollY;
					}

					if (partOffset >= 0) {
						partOffset = '+' + partOffset;
					}

					return partOffset;
				});

				fixedParts.push(fixedPart);
			});

			position.my = fixedParts.join(' ');
		};

		var hideOnClick = function(event) {

			if (isContextMenuClickEvent(event)) {
				return;
			}

			if (settings.hide.onClick) {

				if ($(event.target).closest(settings.selectors.preventClose).length) {
					return;
				}
			} else if (event.target !== this) {
				return;
			}

			self.hide();
		};

		var isIgnoredTarget = function(event) {

			if (! settings.hide.ignore) {
				return false;
			}

			return !! $(event.target).closest(settings.hide.ignore).length;
		};

		var hideOnOutsideClick = function(event) {

			if (isContextMenuClickEvent(event) || $(event.target).closest(elements.widget).length || isIgnoredTarget(event)) {
				return;
			}

			self.hide();
		};

		var initElements = function() {

			self.addElement('widget');

			self.addElement('header');

			self.addElement('message');

			self.addElement('window', window);

			self.addElement('body', document.body);

			self.addElement('container', settings.container);

			if (settings.iframe) {
				self.addElement('iframe', settings.iframe);
			}

			if (settings.closeButton) {
				if ( settings.closeButtonClass ) {
					//  Backwards compatibility
					settings.closeButtonOptions.iconClass = settings.closeButtonClass;
				}

				const $button = $('<a>', settings.closeButtonOptions.attributes),
					$buttonIcon = $(settings.closeButtonOptions.iconElement).addClass(settings.closeButtonOptions.iconClass);

				$button.append($buttonIcon);

				self.addElement('closeButton', $button);
			}

			var id = self.getSettings('id');

			if (id) {
				self.setID(id);
			}

			var classes = [];

			$.each(self.types, function() {
				classes.push(settings.classes.globalPrefix + '-type-' + this);
			});

			classes.push(self.getSettings('className'));

			elements.widget
				.addClass(classes.join(' '))
				.attr({
					'aria-modal': true,
					'role': 'document',
					'tabindex': 0,
				});
		};

		var initSettings = function(parent, userSettings) {

			var parentSettings = $.extend(true, {}, parent.getSettings());

			settings = {
				headerMessage: '',
				message: '',
				effects: parentSettings.effects,
				classes: {
					globalPrefix: parentSettings.classPrefix,
					prefix: parentSettings.classPrefix + '-' + widgetName,
					preventScroll: parentSettings.classPrefix + '-prevent-scroll',
				},
				selectors: {
					preventClose: '.' + parentSettings.classPrefix + '-prevent-close',
				},
				container: 'body',
				preventScroll: false,
				iframe: null,
				closeButton: false,
				closeButtonOptions: {
					iconClass: parentSettings.classPrefix + '-close-button-icon',
					attributes: {
						role: 'button',
						'tabindex': 0,
						'aria-label': 'Close',
						href: '#',
					},
					iconElement: '<i>',
				},
				position: {
					element: 'widget',
					my: 'center',
					at: 'center',
					enable: true,
					autoRefresh: false,
				},
				hide: {
					auto: false,
					autoDelay: 5000,
					onClick: false,
					onOutsideClick: true,
					onOutsideContextMenu: false,
					onBackgroundClick: true,
					onEscKeyPress: true,
					ignore: '',
				},
			};

			$.extend(true, settings, self.getDefaultSettings(), userSettings);

			initSettingsEvents();
		};

		var initSettingsEvents = function() {

			$.each(settings, function(settingKey) {

				var eventName = settingKey.match(/^on([A-Z].*)/);

				if (!eventName) {
					return;
				}

				eventName = eventName[1].charAt(0).toLowerCase() + eventName[1].slice(1);

				self.on(eventName, this);
			});
		};

		var isContextMenuClickEvent = function(event) {
			// Firefox fires `click` event on every `contextmenu` event.
			return event.type === 'click' && event.button === 2;
		};

		var normalizeClassName = function(name) {

			return name.replace(/([a-z])([A-Z])/g, function() {

				return arguments[1] + '-' + arguments[2].toLowerCase();
			});
		};

		var onWindowKeyUp = function(event) {
			var ESC_KEY = 27,
				keyCode = event.which;

			if (ESC_KEY === keyCode) {
				self.hide();
			}
		};

		var unbindEvents = function() {

			var windows = [elements.window];

			if (elements.iframe) {
				windows.push(jQuery(elements.iframe[0].contentWindow));
			}

			windows.forEach(function(window) {
				if (settings.hide.onEscKeyPress) {
					window.off('keyup', onWindowKeyUp);
				}

				if (settings.hide.onOutsideClick) {
					window[0].removeEventListener('click', hideOnOutsideClick, true);
				}

				if (settings.hide.onOutsideContextMenu) {
					window[0].removeEventListener('contextmenu', hideOnOutsideClick, true);
				}

				if (settings.position.autoRefresh) {
					window.off('resize', self.refreshPosition);
				}
			});

			if (settings.hide.onClick || settings.hide.onBackgroundClick) {
				elements.widget.off('click', hideOnClick);
			}
		};

		this.addElement = function(name, element, classes) {

			var $newElement = elements[name] = $(element || '<div>'),
				normalizedName = normalizeClassName(name);

			classes = classes ? classes + ' ' : '';

			classes += settings.classes.globalPrefix + '-' + normalizedName;

			classes += ' ' + settings.classes.prefix + '-' + normalizedName;

			$newElement.addClass(classes);

			return $newElement;
		};

		this.destroy = function() {

			unbindEvents();

			elements.widget.remove();

			self.trigger('destroy');

			return self;
		};

		this.getElements = function(item) {

			return item ? elements[item] : elements;
		};

		this.getSettings = function(setting) {

			var copy = Object.create(settings);

			if (setting) {
				return copy[setting];
			}

			return copy;
		};

		this.hide = function() {

			if (! self.isVisible()) {
				return;
			}

			clearTimeout(hideTimeOut);

			callEffect('hide', arguments);

			unbindEvents();

			if (settings.preventScroll) {
				self.getElements('body').removeClass(settings.classes.preventScroll);
			}

			self.trigger('hide');

			return self;
		};

		this.init = function(parent, properties) {

			if (!(parent instanceof DialogsManager.Instance)) {
				throw 'The ' + self.widgetName + ' must to be initialized from an instance of DialogsManager.Instance';
			}

			ensureClosureMethods();

			self.trigger('init', properties);

			initSettings(parent, properties);

			initElements();

			self.buildWidget();

			self.attachEvents();

			self.trigger('ready');

			return self;
		};

		this.isVisible = function() {

			return elements.widget.is(':visible');
		};

		this.on = function(eventName, callback) {

			if ('object' === typeof eventName) {
				$.each(eventName, function(singleEventName) {
					self.on(singleEventName, this);
				});

				return self;
			}

			var eventNames = eventName.split(' ');

			eventNames.forEach(function(singleEventName) {
				if (!events[singleEventName]) {
					events[singleEventName] = [];
				}

				events[singleEventName].push(callback);
			});

			return self;
		};

		this.off = function(eventName, callback) {

			if (! events[ eventName ]) {
				return self;
			}

			if (! callback) {
				delete events[eventName];

				return self;
			}

			var callbackIndex = events[eventName].indexOf(callback);

			if (-1 !== callbackIndex) {
				events[eventName].splice(callbackIndex, 1);
			}

			return self;
		};

		this.refreshPosition = function() {

			if (! settings.position.enable) {
				return;
			}

			var position = $.extend({}, settings.position);

			if (elements[position.of]) {
				position.of = elements[position.of];
			}

			if (! position.of) {
				position.of = window;
			}

			if (settings.iframe) {
				fixIframePosition(position);
			}

			elements[position.element].position(position);
		};

		this.setID = function(id) {

			elements.widget.attr('id', id);

			return self;
		};

		this.setHeaderMessage = function(message) {

			self.getElements('header').html(message);

			return self;
		};

		this.setMessage = function(message) {

			elements.message.html(message);

			return self;
		};

		this.setSettings = function(key, value) {

			if (jQuery.isPlainObject(value)) {
				$.extend(true, settings[key], value);
			} else {
				settings[key] = value;
			}

			return self;
		};

		this.show = function() {

			clearTimeout(hideTimeOut);

			elements.widget.appendTo(elements.container).hide();

			callEffect('show', arguments);

			self.refreshPosition();

			if (settings.hide.auto) {
				hideTimeOut = setTimeout(self.hide, settings.hide.autoDelay);
			}

			bindEvents();

			if (settings.preventScroll) {
				self.getElements('body').addClass(settings.classes.preventScroll);
			}

			self.trigger('show');

			return self;
		};

		this.trigger = function(eventName, params) {

			var methodName = 'on' + eventName[0].toUpperCase() + eventName.slice(1);

			if (self[methodName]) {
				self[methodName](params);
			}

			var callbacks = events[eventName];

			if (!callbacks) {
				return;
			}

			$.each(callbacks, function(index, callback) {

				callback.call(self, params);
			});

			return self;
		};
	};

	DialogsManager.Widget.prototype.types = [];

	// Inheritable widget methods
	DialogsManager.Widget.prototype.buildWidget = function() {

		var elements = this.getElements(),
			settings = this.getSettings();

		elements.widget.append(elements.header, elements.message);

		this.setHeaderMessage(settings.headerMessage);

		this.setMessage(settings.message);

		if (this.getSettings('closeButton')) {
			elements.widget.prepend(elements.closeButton);
		}
	};

	DialogsManager.Widget.prototype.attachEvents = function() {

		var self = this;

		if (self.getSettings('closeButton')) {
			self.getElements('closeButton').on('click', function(event) {
				event.preventDefault();
				self.hide();
			});
		}
	};

	DialogsManager.Widget.prototype.getDefaultSettings = function() {

		return {};
	};

	DialogsManager.Widget.prototype.getClosureMethods = function() {

		return [];
	};

	DialogsManager.Widget.prototype.onHide = function() {
	};

	DialogsManager.Widget.prototype.onShow = function() {
	};

	DialogsManager.Widget.prototype.onInit = function() {
	};

	DialogsManager.Widget.prototype.onReady = function() {
	};

	DialogsManager.widgetsTypes.simple = DialogsManager.Widget;

	DialogsManager.addWidgetType('buttons', {
		activeKeyUp: function(event) {

			var TAB_KEY = 9;

			if (event.which === TAB_KEY) {
				event.preventDefault();
			}

			if (this.hotKeys[event.which]) {
				this.hotKeys[event.which](this);
			}
		},
		activeKeyDown: function(event) {

			if (!this.focusedButton) {
				return;
			}

			var TAB_KEY = 9;

			if (event.which === TAB_KEY) {
				event.preventDefault();

				var currentButtonIndex = this.focusedButton.index(),
					nextButtonIndex;

				if (event.shiftKey) {

					nextButtonIndex = currentButtonIndex - 1;

					if (nextButtonIndex < 0) {
						nextButtonIndex = this.buttons.length - 1;
					}
				} else {

					nextButtonIndex = currentButtonIndex + 1;

					if (nextButtonIndex >= this.buttons.length) {
						nextButtonIndex = 0;
					}
				}

				this.focusedButton = this.buttons[nextButtonIndex].trigger('focus');
			}
		},
		addButton: function(options) {

			var self = this,
				settings = self.getSettings(),
				buttonSettings = jQuery.extend(settings.button, options);

			var classes = options.classes ? options.classes + ' ' : '';

			classes += settings.classes.globalPrefix + '-button';

			var $button = self.addElement(options.name, $('<' + buttonSettings.tag + '>').html(options.text), classes);

			self.buttons.push($button);

			var buttonFn = function() {

				if (settings.hide.onButtonClick) {
					self.hide();
				}

				if ('function' === typeof options.callback) {
					options.callback.call(this, self);
				}
			};

			$button.on('click', buttonFn);

			if (options.hotKey) {
				this.hotKeys[options.hotKey] = buttonFn;
			}

			this.getElements('buttonsWrapper').append($button);

			if (options.focus) {
				this.focusedButton = $button;
			}

			return self;
		},
		bindHotKeys: function() {

			this.getElements('window').on({
				keyup: this.activeKeyUp,
				keydown: this.activeKeyDown
			});
		},
		buildWidget: function() {

			DialogsManager.Widget.prototype.buildWidget.apply(this, arguments);

			var $buttonsWrapper = this.addElement('buttonsWrapper');

			this.getElements('widget').append($buttonsWrapper);
		},
		getClosureMethods: function() {

			return [
				'activeKeyUp',
				'activeKeyDown'
			];
		},
		getDefaultSettings: function() {

			return {
				hide: {
					onButtonClick: true
				},
				button: {
					tag: 'button'
				}
			};
		},
		onHide: function() {

			this.unbindHotKeys();
		},
		onInit: function() {

			this.buttons = [];

			this.hotKeys = {};

			this.focusedButton = null;
		},
		onShow: function() {

			this.bindHotKeys();

			if (!this.focusedButton) {
				this.focusedButton = this.buttons[0];
			}

			if (this.focusedButton) {
				this.focusedButton.trigger('focus');
			}
		},
		unbindHotKeys: function() {

			this.getElements('window').off({
				keyup: this.activeKeyUp,
				keydown: this.activeKeyDown
			});
		}
	});

	DialogsManager.addWidgetType('lightbox', DialogsManager.getWidgetType('buttons').extend('lightbox', {
		getDefaultSettings: function() {

			var settings = DialogsManager.getWidgetType('buttons').prototype.getDefaultSettings.apply(this, arguments);

			return $.extend(true, settings, {
				contentWidth: 'auto',
				contentHeight: 'auto',
				position: {
					element: 'widgetContent',
					of: 'widget',
					autoRefresh: true
				}
			});
		},
		buildWidget: function() {

			DialogsManager.getWidgetType('buttons').prototype.buildWidget.apply(this, arguments);

			var $widgetContent = this.addElement('widgetContent'),
				elements = this.getElements();

			$widgetContent.append(elements.header, elements.message, elements.buttonsWrapper);

			elements.widget.html($widgetContent);

			if (elements.closeButton) {
				$widgetContent.prepend(elements.closeButton);
			}
		},
		onReady: function() {

			var elements = this.getElements(),
				settings = this.getSettings();

			if ('auto' !== settings.contentWidth) {
				elements.message.width(settings.contentWidth);
			}

			if ('auto' !== settings.contentHeight) {
				elements.message.height(settings.contentHeight);
			}
		}
	}));

	DialogsManager.addWidgetType('confirm', DialogsManager.getWidgetType('lightbox').extend('confirm', {
		onReady: function() {

			DialogsManager.getWidgetType('lightbox').prototype.onReady.apply(this, arguments);

			var strings = this.getSettings('strings'),
				isDefaultCancel = this.getSettings('defaultOption') === 'cancel';

			this.addButton({
				name: 'cancel',
				text: strings.cancel,
				callback: function(widget) {

					widget.trigger('cancel');
				},
				focus: isDefaultCancel
			});

			this.addButton({
				name: 'ok',
				text: strings.confirm,
				callback: function(widget) {

					widget.trigger('confirm');
				},
				focus: !isDefaultCancel
			});
		},
		getDefaultSettings: function() {

			var settings = DialogsManager.getWidgetType('lightbox').prototype.getDefaultSettings.apply(this, arguments);

			settings.strings = {
				confirm: 'OK',
				cancel: 'Cancel'
			};

			settings.defaultOption = 'cancel';

			return settings;
		}
	}));

	DialogsManager.addWidgetType('alert', DialogsManager.getWidgetType('lightbox').extend('alert', {
		onReady: function() {

			DialogsManager.getWidgetType('lightbox').prototype.onReady.apply(this, arguments);

			var strings = this.getSettings('strings');

			this.addButton({
				name: 'ok',
				text: strings.confirm,
				callback: function(widget) {

					widget.trigger('confirm');
				}
			});
		},
		getDefaultSettings: function() {

			var settings = DialogsManager.getWidgetType('lightbox').prototype.getDefaultSettings.apply(this, arguments);

			settings.strings = {
				confirm: 'OK'
			};

			return settings;
		}
	}));

	// Exporting the DialogsManager variable to global
	global.DialogsManager = DialogsManager;
})(
	typeof jQuery !== 'undefined' ? jQuery : typeof require === 'function' && require('jquery'),
	(typeof module !== 'undefined' && typeof module.exports !== 'undefined') ? module.exports : window
);
{"id":426,"date":"2021-05-26T21:41:42","date_gmt":"2021-05-26T21:41:42","guid":{"rendered":"https:\/\/weeklypostgazette.com\/?p=426"},"modified":"2023-06-04T09:15:35","modified_gmt":"2023-06-04T09:15:35","slug":"amazon-attracts-james-bond-rocky-to-battle-netflix-using-8-5-bln-mgm-purchase","status":"publish","type":"post","link":"https:\/\/weeklypostgazette.com\/amazon-attracts-james-bond-rocky-to-battle-netflix-using-8-5-bln-mgm-purchase\/","title":{"rendered":"Amazon attracts James Bond, Rocky to battle Netflix using $8.5 bln MGM Purchase"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Amazon.com Inc (<\/span><b>AMZN.O<\/b><span style=\"font-weight: 400;\">) will purchase MGM, the fabled U.S. film studio home into the James Bond franchise, even including $8.45 billion, giving it a massive library of movies and TV shows and <\/span><strong>ramping up contest<\/strong><span style=\"font-weight: 400;\"> with streaming competitions led by Netflix and Disney+.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The deal aims to bolster Amazon&#8217;s television-focused studio using fresh and historical filmmaking out of MGM, which has snapped up rewarding series such as&#8221;Rocky&#8221; and&#8221;Tomb Raider&#8221; since its founding in 1924.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Streaming video aids the world&#8217;s biggest online retailer draw individuals to join forces to Prime, a club with quick delivery, and also to store more once they are members. Privately-held MGM, or Metro Goldwyn Mayer, also possesses the Epix cable station and makes popular TV shows such as&#8221;Fargo,&#8221;&#8221;Vikings&#8221; and&#8221;Shark Tank.&#8221;<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Jeff Bezos, Amazon&#8217;s founder, laid out the rationale behind the bargain in the organization&#8217;s yearly shareholder meeting on Wednesday.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">&#8220;MGM has a huge, profound catalogue of beloved intellectual property,&#8221; he explained. &#8220;Together with the talented individuals at MGM and the talented individuals at Amazon Studios, we could reimagine and produce IP for the 21st century&#8221;<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Bezos said it was&#8221;early&#8221; to mention Amazon Studios since the fourth pillar of the firm following its vendor market, cloud branch and Prime, but it had been working toward this landmark. To find more information about importance of branding, you should try <a href=\"https:\/\/www.zonbase.com\/blog\/how-to-delete-amazon-reviews-sellers-guide\/\"><strong>ways to delete an Amazon review<\/strong><\/a> for Amazon sales Over 175 million Prime members saw content on Amazon at the last year, and loading hours were up 70 percent, &#8221; he said.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">July 5 &#8211; the afternoon Amazon was integrated in 1994 &#8211; are the date long-time cloud chief Andy Jassy takes over as CEO, Bezos said.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The companies have raised spending and enlarged in global markets, getting the pandemic-led change to binge-watching reveals online.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To remain competitive, Amazon has also courted lovers of live sports and picked up permits to flow matches, boasting a long-term deal with the National Football League which has been estimated to cost roughly $1 billion each year.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The proliferating streaming solutions are scrambling for articles brands and libraries that they could enlarge. Critics have stated that this is a large motive for another round of consolidation of media properties following a short hiatus through the pandemic.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;With new entrants to flowing out of all the significant studios and TV networks, Amazon must maximize its commitment to video or risk losing participation,&#8221; said Jim Nail of research company Forrester.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Underscoring the trend toward consolidation, AT&amp;T Inc (<\/span><b>T.N<\/b><span style=\"font-weight: 400;\">) declared a <\/span><b>$43-billion bargain<\/b><span style=\"font-weight: 400;\"> a week to twist out its WarnerMedia company and unite it with Discovery Inc (<\/span><b>DISCA.O<\/b><span style=\"font-weight: 400;\">), among the toughest yet from the loading age.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Amazon&#8217;s Hollywood studio buy is a first for a large U.S. tech firm and may spark additional interest in Silicon Valley, a source familiar with the matter said.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The purchase is Amazon&#8217;s second-biggest following Whole Foods Market, which it purchased for $13.7 billion in 2017.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At nearly $9 billion, the lofty cost is <\/span><span style=\"font-weight: 400;\">Roughly 37 occasions<\/span><span style=\"font-weight: 400;\"> MGM&#8217;s 2021 estimated EBITDA &#8211; or nearly triple the business value-to-EBITDA multiple which Discovery&#8217;s deal indicated for AT&amp;T&#8217;s content resources &#8211; <strong>based to Reuters Breakingviews<\/strong>.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Shoppers walk past the ad for the forthcoming James Bond movie&#8221;NO TIME TO DIE&#8221; whose launch was postponed on account of this coronavirus disorder (COVID-19) pandemic, in the Christiana Mall in Newark, Delaware U.S. November 19, 2020.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Read<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">At precisely the exact same time, Amazon posted its<\/span><b> fourth successive record quarterly gain<\/b><span style=\"font-weight: 400;\"> in April.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">MGM began a formal sale process in December, as it had been estimated to be worth roughly $5.5 billion. Morgan Stanley and LionTree informed MGM about the Offer.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The deal provides fuel to the Seattle firm&#8217;s <\/span><a href=\"https:\/\/weeklypostgazette.com\/who-is-allen-greene-in-memory-of-from-shawshank-redemption\/\"><b>critics in Washington<\/b><\/a><span style=\"font-weight: 400;\"> who whine it&#8217;s already too large and strong, but specialists said the deal introduces few timeless antitrust concerns.<\/span><\/p>\n<h3><strong>Amazon stocks rose 0.3 percent.<\/strong><\/h3>\n<p>&nbsp;<\/p>\n<h2><strong>LUCRATIVE FRANCHISE RIGHTS<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Amazon has chosen up Academy awards through time and gradually moved from art-house cuisine toward material with broader appeal. The MGM acquisition hastens that movement, giving it rights to James Bond, among the most profitable franchises in movie history that has earned almost $7 billion in the box office worldwide, based on MGM.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Other classic films from MGM&#8217;s library contain&#8221;RoboCop,&#8221;&#8221;Moonstruck&#8221; and&#8221;The Silence of the Lambs.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The capability to mine that this intellectual property, by creating new content according to popular figures, can help Amazon draw audiences to Prime, two former Amazon executives told Reuters.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">MGM also permits content for video games, which might benefit Amazon&#8217;s development efforts in that region.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, Amazon attempts to gain off the library will not be easy, or cheap.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Oftentimes, MGM&#8217;s content has been tied up in multi-year deals with television programs, the prior Amazon executives stated. Amazon can&#8217;t only air MGM&#8217;s reality show&#8221;The Voice,&#8221; for example, which contractually is at the palms of NBC.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Obtaining a fresh installation of the James Bond saga online rather than in theatres could be a particularly tough job, the sources stated. The conditions under which MGM obtained the franchise depart control in the hands of the Broccoli family, the Bond films&#8217; manufacturers.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Barbara Broccoli and Michael G. Wilson of Eon Productions said in a statement,&#8221;We&#8217;re <\/span><b>dedicated to continuing to make James Bond movies<\/b><span style=\"font-weight: 400;\"> for the global theatrical audience&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">News of this acquisition followed fast on the approaching return of Jeff Blackburn, Amazon&#8217;s former senior vice president overseeing articles and M&amp;A, who&#8217;d left early this season.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Incoming Amazon CEO Jassy had special confidence in Blackburn following decades in Amazon collectively, hoping he could repaint a complex merger, &#8221; the sources stated.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon.com Inc (AMZN.O) will purchase MGM, the fabled U.S. film studio home into the James Bond franchise, even including $8.45 billion, giving it a massive library of movies and TV shows and ramping up contest with streaming competitions led by Netflix and Disney+. &nbsp; The deal aims to bolster Amazon&#8217;s television-focused studio using fresh and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9672,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[491,769,891,2563,3298],"class_list":["post-426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-breakingviews","tag-critics-in-washington","tag-disca-o","tag-reuters","tag-ways-to-delete-an-amazon-review"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Amazon attracts James Bond, Rocky to battle Netflix using $8.5 bln MGM Purchase<\/title>\n<meta name=\"description\" content=\"Amazon.com Inc (AMZN.O) will purchase MGM, the fabled U.S. film studio home into the James Bond franchise.\" \/>\n<meta name=\"robots\" content=\"index, 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