close

Amazon Buys Iconic Hollywood Studio MGM Holdings for $8.45 billion GK for NIFT NID NATA UCEED CEED

In this article, we will be discussing the General Knowledge GK-related topic which will be very Helpful for NATA NIFT NID UCEED CEED. Watch this video till the end to keep yourself updated with current affairs.

In its second-largest acquisition after Whole Foods, Amazon agreed to buy iconic Hollywood studio MGM Holdings for 8.45 billion $. 

The move shows the new emphasis placed by the e-commerce giant on entertainment and its budding role in the streaming wars as it bulks up Prime Video. Known for "The Pink Panther, "Rocky" and the James Bond Franchise, MGM was founded in the silent film era.

Amazon was earlier sued on antitrust grounds, and the MGM deal is likely to spark federal review.

Streaming giants are betting Americans will keep spending after the end of pandemic-related shutdowns — and not go back to cable.

"MGM is really the story of Hollywood."

Amazon buying MGM, a classic studio known for The Wizard of Oz and Leo the Lion, is just the latest example of the studio being tossed around in another Hollywood sea change.

It’s Bezos’s second-biggest acquisition ever: Amazon has snatched up film production company Metro-Goldwyn-Mayer (MGM) for around 8.5 billion US dollars. As the chart at only the takeover of the organic supermarket chain Whole Foods in 2017 was more expensive for Amazon.

Yet, the investment in MGM could pay off. The film studio with the roaring lion in its logo not only offers the possibility of producing new movies but also holds the rights to over 4,000 existing films. 

The portfolio includes the James Bond and Rocky Balboa franchises as well as the critically acclaimed series The Handmaid’s Tale. 

The acquisition will therefore significantly expand Amazon's streaming service Prime Video both quantitatively and qualitatively, once more heightening the already cut-throat competition among streaming providers.

For new videos related to current affairs Subscribe to our YOUTUBE channel and press the bell icon button to get all notifications whenever we will be uploading our new video. Download this GK pdf FREE from Ignite India APP.

ABOUT Ignite India Education

Best Coaching for NIFT NID NATA UCEED CEED Entrance Exam IGNITE INDIA provides its services through classroom-based coaching, digital and distance learning programs which supplement its classroom courses and allow students to engage in self-paced learning. It also offers short-term classroom courses to prepare students for upcoming examinations. Additionally, it delivers and supports its education channels through digital features via IGNITE iTutor and IGNITE Live.

 To Know More VISIT - https://www.igniteindiaeducation.com/

 

facilitators

teacher

Sukanta Singha

4 Years of Experience

Sukanta Singha is graduated from NIFT and he is an active member of Ignite Alumni Network. 

Read More
teacher

PR Rathod

35 Years of Experience

Apparel and Fashion industry veteran. Has led turnaround projects in Madura Fashion & Lifestyle is a leader in Fashion Industries in India. Overall 34 plus years of experience in the area of Brand Management, Sales & Retail Mgt, Retail Planning, Buying & Merchandising Product Mgt, People Mgt.

Read More
teacher

Ravi Satyamurthy

25 Years of Experience

Ravi Satyamurthy is an apparel industry expert having more than 25 years of experience in the Industry. He loves to interact with students, has been associated with Ignite India for many years to guide & mentor students to achieve their dream career.  

Read More
teacher

Labakorcy War

5 Years of Experience

Labakorcy War is graduated from the National Institute of Design, Ahmedabad and she is an active member of Ignite Alumni Network. 

Read More
teacher

Bhavna Parate

Ignite Alumni Network

Bhavna is an active member of Ignite Alumni Network and presently pursuing her bachelor's from NIFT.

Read More
teacher

Saswata Mondal

Ignite Alumni Network

Saswata Mondal is an active member of the Ignite India Alumni Network, currently pursuing his bachelor's of architecture. 

Read More
teacher

Thomas Lim

20 Years of Experience

Master in Communication specialization in Journalism and Photography, LLB, NEHU, B. Com (Hon), NEHU                                Diploma in Electrician, Don Bosco Technical School, Shillong, Special Training in Entrepreneurship Development, Ahmedabad. Certificated Courses in Career Counselling.

Read More
teacher

Utkarsh Singh

12 Year Experience

 Chief Sub Editor at India's largest News Network News18.He is a writer, teacher  & Art lover. A learner at heart, he loves to interact with new people, communities and shares ideas with them. He has done Masters in Arts in Mass Communications from Makhanlal Chaturvedi University in Bhopal. 

Read More
teacher

Arun Gopidas

12 Years of Experience

12 Years of Experience 

Read More
teacher

Gayathri Suresh

20 Years of Experience

Gayathri Suresh, Paramedic by profession practicing Diabetes Education and Clinical Podiatry at Dr. Suresh Diacare. Bangalore.
Fashionista by Passion into Fashion Industry worked as show director for many Beauty Pageants and Fashion events. Been Mentor & Jury for many Fashion events and Cultural events in Organization School and Colleges.
Managing Trustee Sparsha Foundation where social services did like Free Medical Camps, Skill Training, Women Empowerment and Awareness program on Lifestyle Diseases.

Read More
teacher

Annechira Shiva

18 Years Experience

Annechira Shiva is an independent photographer and visual artist from Bangalore, India. He specialises in making images come alive using natural lights. Annechira Shiva has been into art as child, from sketching to painting, during his college days he ventured into photography, more so as a hobby. Later as he joined AOL (America Online) his passion transformed into his profession. Transitioning between editorial, commercial assignments and personal projects, he has a wide range of returning customers as he has been capturing portraits and lifestyle of various famous personalities such as actors, models, politicians, businessmen, dancers, writers, sportsmen/women who are influential from various fields of life combining art and photography as inspired by art and literature. His work have been fetching him few international / national recognition and rewards. To name a few Best Celebrity Lifestyle Award - 2016, Consecutive twice Nominee Award from The Spider Award - 2019 and 2020 .

 

Annechira Shiva travelled length and breath of Bharatha (India) making images of nature landscape, historical monuments and places (Indus Valley at Leh of Kashmir to Vivekananda Rock Memorial at Kanyakumari. Deepest forest at Goa till the man eating tigers of Sunderbans at West Bengal. The result was a solo exhibition “SCAPES of INDIA” which illuminates the culture and heritage of Bharatha (India) for enlightening future generations.

 

His new work is an scintillating exhibition titled “Speaking Stones” and “PAINT To LIGHT”

 

Annechira Shiva has also been an influential person for many younger generations by sharing his knowledge on photography. He conducts tours, workshops and gives talks at various platforms.

Read More
teacher

Adityendra Suman

12 Years of Experience

Adityendra is a Project Manager with Dalberg Singapore Office. In his current role, Adityendra leads the data sciences and econometric modelling vertical across a wide range of social development topics, including impact investing, digital identity, access to energy, health, and gender. Adityendra brings expertise in advanced statistical modelling, quantitative analysis, and detailed end beneficiary research. He has worked across various multi-stakeholder engagements with foundations, impact investors, and state and central government agencies. He worked with the Bill and Melinda Gates foundation to find opportunities for reduction of highway trauma fatalities by 50% through an optimized network of trauma facilities along the Indian national highways. He developed a detailed financial projection model to identify the right investment criteria and fine-tune return expectations for a 100 million impact investment fund in India. Adityendra also helped a telecom infrastructure provider in Myanmar in understanding financial and non-financial returns for transitioning to solar. Adityendra is currently working with a collaboration of funders to develop and provide real-time actionable insights for the policymakers to understand the efficacy of government entitlements during CoVID-19, through a pan-India 50k low-income household survey. In addition, he is also managing similar large-scale studies on gender and early childhood development focusing on the crisis. Previously, he worked with Omidyar Network to launch the largest study on digital identity covering over 700k individuals.

Prior to joining Dalberg, Adityendra has worked with a global consulting company in the pharmaceutical domain. During this period, he worked with various fortune 100 clients, helping them align their sales and marketing strategies with their long term and immediate business goals. Adityendra has helped launch a 1.2 billion drug in a highly competitive diabetes market, and has experience developing advanced probabilistic model for competitor bids

Adityendra holds B.Tech. in Electrical Engineering from IIT Kharagpur and post graduate degree in Management in Operations and Finance from Indian School of Business

Read More
teacher

Ananth Acharya

25 Years of Experience

Ananth Acharya 25 Years of Experience in Teaching & Exam Strategy  

Read More
teacher

Govind Kumar Singh

15 Years of Experience

Fashion Designer, Educational and Career Counselor. He is an alumnus of NIFT and won the Best Graduation Project Award. He is guiding students from the past 15 years.

Read More
teacher

Gaurav Roy

12 Years of Experience

Fashion & Textile Designer, Educational and Career Counselor. He is an alumnus of NIFT and won the Best Graduation Project Award. He is guiding students from the past 10 years.

Read More
teacher

Navin Kumar

7 Year Experience

Ignite India Education is inspired by the former President of India Bharat Ratna Dr. APJ Abdul Kalam's vision of "India Beyond 2020". Our aim is to fulfil his vision by empowering society and transforming India into a developed nation through education. 

Read More
teacher

Akash Kumar Gupta

4 Year Experience

Ignite India Education is inspired by the former President of India Bharat Ratna Dr. APJ Abdul Kalam's vision of "India Beyond 2020". Our aim is to fulfil his vision by empowering society and transforming India into a developed nation through education. 

Read More
teacher

Rimjhim Sharma

5 Year Experience

Ignite India Education is inspired by the former President of India Bharat Ratna Dr. APJ Abdul Kalam's vision of "India Beyond 2020". Our aim is to fulfil his vision by empowering society and transforming India into a developed nation through education. 

Read More
teacher

Akhilesh Kumar

12 Year Experience

Ignite India Education is inspired by the former President of India Bharat Ratna Dr. APJ Abdul Kalam's vision of "India Beyond 2020". Our aim is to fulfil his vision by empowering society and transforming India into a developed nation through education. 

Read More
teacher

Krishna Nand Singh

12 Year Experience

Fashion & Textile Designer, Educational and Career Counselor. He is an alumnus of NIFT and won the Best Graduation Project Award. He is guiding students from the past 10 years.

Read More

success stories

student

I thank Ignite India for giving me the opportunity. Due to their support, I am someone. They have made my life. I don't think any institute help student at such beyond the level. Once again thank you and best wishes.

... read more
student

Great to get across this institute. They always provided me assistance that I required for my overall development and to improve my understanding and knowledge. I think for all their support.

... read more
student

I thank Ignite India for giving me the opportunity. Due to their support, I am someone. They have made my life. I don't think any institute help student at such beyond the level. Once again thank you and best wishes.

... read more
student

Great to get across this institute. They always provided me assistance that I required for my overall development and to improve my understanding and knowledge. I think for all their support.

... read more
WhatsApp