What significant acquisition did Amazon make recently?
James Bond and Rocky Join Amazon in Mega Media Deal
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Amazon's acquisition of MGM for its Prime Video service marks a significant move in the streaming market, adding iconic franchises like James Bond and The Handmaid's Tale to its catalog. This acquisition is Amazon's largest since buying Whole Foods in 2017. The move positions Amazon as a major player in the competitive streaming industry, following AT&T's merger of Warner Media with Discovery. The trend of media consolidation continues as tech giants increasingly influence Hollywood.
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Which famous film franchises are included in MGM's catalog that may soon be available on Amazon?
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How much did Amazon spend on content for its video and music streaming services in 2020?
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What impact does the acquisition of MGM have on Amazon's position in the streaming market?
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What recent merger did AT&T complete that affects the entertainment industry?
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