"Amazon In Talks To Sell MGM Alternative, Production Group Behind 'The Voice' & 'Vanderpump Rules'" - Deadline
Portfolio Pulse from Benzinga Newsdesk
Amazon is reportedly in discussions to sell MGM Alternative, the production group behind popular shows like 'The Voice' and 'Vanderpump Rules'. This move could impact Amazon's content strategy and financials.
August 27, 2024 | 7:28 pm
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Amazon is considering selling MGM Alternative, which could affect its content strategy and financials. This move might indicate a shift in focus or strategy for Amazon's media division.
The potential sale of MGM Alternative by Amazon suggests a strategic shift in its media operations. While this could streamline Amazon's focus, the immediate financial impact is uncertain, leading to a neutral short-term stock price impact.
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