MGM

Amazon and MGM have signed an agreement for Amazon to acquire MGM

Retrieved on: 
Wednesday, May 26, 2021
Technology, Entertainment, Online, Mobile Entertainment, General Entertainment, TV and Radio, Internet, Film & Motion Pictures, Retail, Online Retail, Cinema of the United States, Companies, Amazon, Mass media in the United States, 3D publishing, Metro-Goldwyn-Mayer, Amazon, MGM, AMAZON, MGM

Amazon (NASDAQ: AMZN) and MGM today announced that they have entered into a definitive merger agreement under which Amazon will acquire MGM for a purchase price of $8.45 billion.

Key Points: 
  • Amazon (NASDAQ: AMZN) and MGM today announced that they have entered into a definitive merger agreement under which Amazon will acquire MGM for a purchase price of $8.45 billion.
  • MGM has nearly a century of filmmaking history and complements the work of Amazon Studios, which has primarily focused on producing TV show programming.
  • Amazon will help preserve MGMs heritage and catalog of films, and provide customers with greater access to these existing works.
  • Through this acquisition, Amazon would empower MGM to continue to do what they do best: great storytelling.

Chicken Soup for the Soul Entertainment’s Crackle Plus Expands Content and Distribution Agreement with Plex to Include Direct Advertising Sales

Retrieved on: 
Thursday, March 11, 2021
Streaming, PLEX, Software, Crackle, Computing, Metro-Goldwyn-Mayer, PLEX, MGM

Today Plex offers on-demand entertainment channels with content from the worlds biggest publishing studios, including Metro Goldwyn Mayer (MGM) , Warner Bros.

Key Points: 
  • Today Plex offers on-demand entertainment channels with content from the worlds biggest publishing studios, including Metro Goldwyn Mayer (MGM) , Warner Bros.
  • Working with them for direct ad sales is a natural extension that will allow easier campaign planning for advertising partners.
  • The unique relationship between Crackle Plus and Plex allows easier campaign planning through a single point of contact, resulting in more targeted advertising.
  • Thanks to Plexs robust content category management abilities, Crackle Plus can offer specific and brand-safe packages for their advertising partners.

MGM Resorts International Announces Fourth Quarter And Full Year 2020 Earnings Release Date

Retrieved on: 
Thursday, January 21, 2021
American film studios, MGM Resorts International, Cinema of the United States, Metro-Goldwyn-Mayer, MGM, New York Stock Exchange, Companies, Economy of the United States

LAS VEGAS, Jan. 21, 2021 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will release its financial results for the fourth quarter and full year 2020 after the market closes on Wednesday, February 10, 2021.

Key Points: 
  • LAS VEGAS, Jan. 21, 2021 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) will release its financial results for the fourth quarter and full year 2020 after the market closes on Wednesday, February 10, 2021.
  • In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com .
  • The call will be accessible via the Internet through http://investors.mgmresorts.com/investors/events-and-presentations/ or by calling 1-888-317-6003 for domestic callers and 1-412-317-6061 for international callers.
  • The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE Magazine's World's Most Admired Companies.

Snow Lake Capital Sends Letter to MGM Resorts’ Board of Directors

Retrieved on: 
Wednesday, January 6, 2021
Lodging, Professional services, Travel, Finance, MGM Resorts International, Cinema of the United States, Metro-Goldwyn-Mayer, MGM, Companies, Entertainment

The 3 large Japanese banks have agreed to the project financing with MGM Resorts Internationals 40% participation as a pre-condition.

Key Points: 
  • The 3 large Japanese banks have agreed to the project financing with MGM Resorts Internationals 40% participation as a pre-condition.
  • The proceeds from reducing MGM China stake will provide MGM Resorts International with much-needed cash to aggressively pursue the M&A and reduce the potential dilution MGM Resorts International shareholders will face.
  • Snow Lake recognizes that there may be non-public information in the possession of MGM China, MGM Resorts International or others that could lead MGM China, MGM Resorts International or others to disagree with Snow Lakes analyses, conclusions and opinions.
  • Snow Lake also undertakes no commitment to take or refrain from taking any action with respect to MGM China, MGM Resorts International or any other company.

UPDATED – Tongji Healthcare Group, Inc. Announces New Board Member

Retrieved on: 
Friday, July 31, 2020
Television, Entertainment, Cinema of the United States, Wormholes in fiction, MGM Television, Metro-Goldwyn-Mayer, Stargate, National Association of Television Program Executives, MGM, Television, Entertainment, Cinema of the United States, Wormholes in fiction, MGM Television, Metro-Goldwyn-Mayer, Stargate, National Association of Television Program Executives, MGM

Mr. Marenzi, 64, previously held president roles at Paramount International Television and MGM Worldwide Television.

Key Points: 
  • Mr. Marenzi, 64, previously held president roles at Paramount International Television and MGM Worldwide Television.
  • He was instrumental in increasing license revenue for MGM, including for the James Bond franchise, as well as overseeing MGMs global TV channel group.
  • Mr. Marenzi has launched global content franchises including STARGATE, NCIS, TEEN WOLF, and History Channels VIKINGS.
  • He is an active Board Member of the Hollywood Radio & TV Society (HRTS) and has served on the Executive Committees of the National Association of Television Program Executives (NATPE) and the International Academy of Television Arts & Sciences (IATAS).

MGM Resorts International Announces Time Change For Second Quarter 2018 Earnings Conference Call

Retrieved on: 
Thursday, July 26, 2018
Cinema of the United States, Economy of the United States, Metro-Goldwyn-Mayer, MGM Resorts International, MGM, Southern California

LAS VEGAS, July 26, 2018 /PRNewswire/ --MGM Resorts International (NYSE: MGM), today announced that its second quarter 2018 earnings conference call will now be held at 8:30 a.m. Eastern Time on Thursday, August 2, 2018.

Key Points: 
  • LAS VEGAS, July 26, 2018 /PRNewswire/ --MGM Resorts International (NYSE: MGM), today announced that its second quarter 2018 earnings conference call will now be held at 8:30 a.m. Eastern Time on Thursday, August 2, 2018.
  • As previously announced, MGM will release its second quarter 2018 earnings results before the market opens on Thursday, August 2, 2018 prior to the conference call.
  • The call will be accessible via the Internet through http://investors.mgmresorts.com/investors/events-and-presentations/ or by calling 1-888-317-6003 for domestic callers and 1-412-317-6061 for international callers.
  • The MGM Resorts portfolio encompasses 28 unique hotel offerings including some of the most recognizable resort brands in the industry.