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27 May 2021

Amazon brings James Bond, Rocky to fight Netflix with $8.5 billion MGM buy

Streaming video helps the world’s largest online retailer draw people to subscribe to Prime, a club with fast shipping, and to shop more once they’re members Privately-held MGM, or Metro Goldwyn Mayer, also owns the Epix cable channel and makes popular TV shows including ‘Fargo,’ ‘Vikings’ and ‘Shark Tank' MGM started a formal sale process in December, when it was estimated to be worth about $5.5 billion. Morgan Stanley and LionTree advised MGM on the deal

11 May 2021

Tom Cruise returns Golden Globes amid HFPA controversy

Cruise won the best actor honour in 1990 for ‘Born on the Fourth of July’ and in 1997 for ‘Jerry Maguire’, as well as a best supporting actor award in 2000 for ‘Magnolia’ HPFA has zero Black journalists among its then-87 members Netflix and Amazon Studios each announced they would no longer be working with the HFPA until the organization enacted sweeping changes

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