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Metro-Goldwiyn-Mayer (MGM) movie studio is on sale, Netflix and Apple are interested

Metro-Goldwiyn-Mayer (MGM) movie studio is on sale, Netflix and Apple are interested

According to information released by the CNBC website, the movie and serial streaming company, Netflix, and the developer of notebooks, smartphones and tablets, Apple, are negotiating with Metro-Goldwiyn-Mayer (MGM) about the possibility of acquisition . The United States stadium has hits such as, for example, the franchise of James Bond, Rocky, Mad Max and The Handmaid's Tale.

MGM valued at $ 10 billion and would be quite an addition for companies

At the moment, the stadium is valued at approximately $ 10 billion and would be quite an addition for Apple, as the company recently launched its streaming service, Apple TV +. In case the deal closes with the "apple", the online video transmission platform would gain weight titles.

In the case of Netlflix, it is necessary due to the need to offer a greater variety of content to stay where you are. By purchasing the studio, the company could invest more in its original productions and thus achieve its goal of 95 original films per year.

Sean Connery as James Bond. Source: Bettmann | Getty ImagesSean Connery as James Bond. Source: Bettmann | Getty Images

However, neither Netflix nor Apple have made such a large acquisition. An example of this was the acquisition of Beats (brand of headphones) by Apple in 2014 for the value of US $ 3 billion. Netflix is ??not even worth mentioning, as it has gone far from making a purchase at this price.

If we analyze income, the purchase would provide considerable profitability. An example of this was the profitability of the stadium in the last nine months, obtaining a revenue of more than US $ 1 billion (only with subscriptions to the Epix channel, the company earned US $ 300 million.

With the possibility of MGM being acquired by one of the stadiums, which one would you most like to do business with? Comment below and share your opinion with us!

Source: CNBC, CBR