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MGM Will Plug Into Amazon Streaming Machine As It Hits Higher Gear
The $8.45 billion acquisition of MGM by Amazon assigns a rich valuation for the storied film and TV outfit, a multiple of about 37 times EBITDA.
Given the scale of the overall streaming machine the parent company has built, however, the price could end up looking reasonable. It will take time, of course — not just to…
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By Dade Hayes
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2 Comments Comment on MGM Will Plug Into Amazon Streaming Machine As It Hits Higher Gear
Jeff Blackburn Returns To Amazon To Oversee Combined Media & Entertainment Operations
Jeff Blackburn, a longtime top Jeff Bezos lieutenant, is returning to Amazon in a new position, SVP of Global Media & Entertainment. He will oversee all entertainment business that are being consolidated in one unit, including Prime Video and Amazon Studios, Music, Podcasts/Wondery, Audible, Games, and…
Amazon Veteran Jeff Blackburn, After Sabbatical, Announces Exit From Tech Giant
Jeff Blackburn, whose 22-year run at Amazon culminated in a role overseeing the company’s streaming efforts, has wrapped up his one-year sabbatical and announced his exit from the company.
The news, which came via a memo posted the company’s intranet whose contents were first reported by GeekWire, was not unexpected…
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By Dade Hayes
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Key Amazon Exec Who Oversees Video Streaming Taking Leave Of Absence
Jeff Blackburn, who as Amazon’s SVP Business and Corporate Development is the key executive overseeing the company’s streaming service and is seen as one of Jeff Bezos’ core advisers, is taking a one-year sabbatical beginning next year.
An Amazon spokesperson said the 21-year Amazon veteran, frequently on watchers…
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