Convince Amazon to acquire Warner Bros. Discovery

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The Issue

We would like Amazon to acquire Warner Bros. Discovery after they buy MGM Holdings.

So here are the 6 reasons why Amazon buys Warner Bros. Discovery

  1. Warner Bros Discovery’s Turner Entertainment owns every tv show, movie and cartoon MGM has made before May 1986
  2. Warner Bros has worked with MGM multiple times on many films
  3. Warner Bros owns every Pre October 1982 Orion Pictures films, while MGM owns every Orion Pictures film after that
  4. Warner Bros. Discovery owns Castle Rock and MGM owns every pre 1994 Castle Rock film
  5. MGM's current Home Media distributor of catalog titles is Warner Bros Home Entertainment (through Studio Distribution Services)
  6. Metro-Goldwyn-Mayer owns the distribution rights to 3 Warner Bros. movies from smaller movie studios the company had acquired which are Moby Dick (1956) via the acquisition United Artists, Sayonara (1957) via The Samuel Goldwyn Company, and Zelig (1983) via the acquisition of Orion Pictures.

If Amazon buys Warner Bros. Discovery, then they will merge it with Amazon Studios & MGM Holdings to form The Warner Bros. Company, a new publicly-traded company majority owned by Amazon, even FTC lawsuit that (Amazon) the company itself would break-up. Following Amazon's takeover of Warner Bros. Discovery, David Zaslav will be step down as president and CEO and will be replaced by Jason Kilar (who previously served as the CEO of WarnerMedia), Turner Entertainment Co. will be folded into Metro-Goldwyn-Mayer, MGM+ will change it's name back as Epix, Max will change it's name as WB Max, Amazon Prime Video would change it's name as Amazon Vision and will have a bundle with WB Max.

Throughout history, Warner Bros. was founded in 1923 by four brothers, Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA). In 1924, MGM was formed by Marcus Loew by combining Metro Pictures, Goldwyn Pictures and Louis B. Mayer Pictures into one company, it hired a number of well-known actors as contract players—its slogan was "more stars than there are in heaven"—and soon became Hollywood's most prestigious film studio, producing popular musical films and winning many Academy Awards. MGM also owned film studios, movie lots, movie theaters and technical production facilities. Its most prosperous era, from 1926 to 1959, was bracketed by two productions of Ben Hur. It divested itself of the Loews movie theater chain and, in 1956, expanded into television production. In 1965, Turner Broadcasting System was founded by Ted Turner and based in Atlanta, Georgia. A year later, Kinney National Company came into existence and its media division became Warner Communications before merging with Time Inc. in 1990 to become Time Warner. During its time as Warner Communications, the company made a number of further acquisitions.

In 1969, businessman and investor Kirk Kerkorian bought 40% of MGM and dramatically changed the operation and direction of the studio. He hired new management, reduced the studio's output to about five films per year, and diversified its products, creating MGM Resorts International and a Las Vegas-based hotel and casino company (which it later divested in the 1980s). In 1980, the studio acquired United Artists. Kerkorian sold MGM to Ted Turner in 1986, who retained the rights to the MGM film library, sold the studio lot in Culver City to Lorimar, and sold the remnants of MGM back to Kerkorian a few months later.

In 1979, Warner formed a joint venture with credit card company American Express called Warner-Amex Satellite Entertainment. This company owned such cable channels as MTV, Nickelodeon, The Movie Channel, and VH1 (which was launched in 1985 on the channel space left by Turner's Cable Music Channel). Warner bought out American Express's half in 1984 and sold the venture a year later to the original iteration of Viacom, which renamed it MTV Networks (now known as Paramount Media Networks). In 1982, Warner purchased Popular Library from CBS Publications. Meanwhile, Cable Education Network was founded in 1985 and was renamed to Discovery Communications in 1994. Scripps Networks Interactive was founded in 2008 spun off from E. W. Scripps Company's cable division.

In 1996, Time Warner acquired the Turner Broadcasting System; but the company later merged with AOL to form AOL Time Warner in 2001 and reverted to the Time Warner name in 2003. Time Warner spun off its cable division (later known as Spectrum owned by Charter Communications) and AOL (now owned by Yahoo! Inc.) in 2009 and Time Inc. was spun out in 2013, which was later acquired by Meredith Corporation and is now known as Dotdash Meredith. In 2018, Discovery Communications acquired Scripps Networks Interactive and was renamed to Discovery, Inc. while AT&T acquired Time Warner. In 2019, AT&T dissolved the Turner Broadcasting System as part of its reorganization of its media assets. On May 16, 2021, Bloomberg News reported that AT&T was considering an offer to divest equity interest in their media subsidiary WarnerMedia (the former Time Warner, which AT&T acquired in 2018 for just over $85 billion in an attempt to become a vertically integrated media conglomerate), and have it merge with Discovery, Inc. to form a new publicly traded company. AT&T and Discovery officially confirmed the agreement the next day; the merger would be structured as a Reverse Morris Trust, with AT&T shareholders holding a 71% interest in the new company's stock and appointing seven board members, and Discovery shareholders holding a 29% interest and appointing six board members. AT&T would receive US$43 billion in cash and debt from the divestment. The merger completed in April 2022. On May 17, 2021 (the same date as WarnerMedia Discovery merger announced), Amazon acquired MGM for $8.45 billion; the deal closed in March 2022

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