The Adjacency Expansion · Growth & Portfolio
Amazon Bought MGM for James Bond. It Didn't Get James Bond.
Everyone says Amazon paid $8.45B for MGM's catalog and the Bond franchise. Its own SEC filing values the library at $3.4B and the rest as $4.9B of goodwill — and at closing, Amazon got Bond's distribution rights, not creative control. That took three more years.
8 min