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James Bond - Mike Hopkins - Amazon closes $8.45B MGM studio acquisition - fox29.com - state California - county Hill - city Beverly Hills, state California
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Amazon closes $8.45B MGM studio acquisition
General view of MGM Studios on October 28, 2020 in Beverly Hills, California. (Photo by AaronP/Bauer-Griffin/GC Images) Amazon has closed its $8.45 billion acquisition of Metro-Goldwyn-Mayer Studios as it looks to boost its streaming service offerings to compete with entertainment rivals Netflix and Disney. The move will allow Amazon to leverage MGM's catalog of more than 4,000 film titles and 17,000 TV episodes, including franchise favorites such as "James Bond," "Rocky" and "Creed," and classics such as "Thelma & Louise," "The Silence of the Lambs," "The Magnificent Seven" and "Raging Bull."  "MGM has a nearly century-long legacy of producing exceptional entertainment, and we share their commitment to delivering a broad slate of original films and television shows to a global audience," Amazon Studios and Prime Video senior vice president Mike Hopkins said in a statement. "We welcome MGM employees, creators, and talent to Prime Video and Amazon Studios, and we look forward to working together to create even more opportunities to deliver quality storytelling to our customers." The deal, which was first announced in May 2021, closed without being challenged by the Federal Trade Commission. In August, the FTC received a letter from the Strategic Organizing Center, a democratic union federation representing more than 4 million workers in the Service Employees International Union, the International Brotherhood of Teamsters, the Communications Workers of America and the United Farmworkers.
Basil Rajapaksa - No conditions for Indian loan, SL has to pay back in three years: Basil - newsfirst.lk - Usa - India - Sri Lanka
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No conditions for Indian loan, SL has to pay back in three years: Basil
COLOMBO (News 1st); No conditions have been underlined for the USD 1 billion loan given by India, however, the amount will have to be paid back in installments after three years, said Finance Minister Basil Rajapaksa.The President is acting on a very prudent and a long-term plan, says Finance Minister Basil Rajapaksa on repaying the country’s loans after his entourage returned from India this afternoon. The Finance Minister returned to the country after signing agreements for a US $ 1 billion financial assistance from India. In addition to this $ 1 billion, India has already provided a $ 400 million loan, a $ 500 million loan to purchase petroleum and another $ 500 million via the Asian Clearing Union.Accordingly, the value of loans and relief facilities provided by India to overcome the current economic crisis is about US $ 2.4 billion in total. The Minister of Finance, speaking to media stated that Sri Lanka’s neighbor India has proven that it stands by Sri Lanka with this action, especially with Prime Minister Modi mentioning that all the support that Sri Lanka needs is being provided directly, both economically and socially.The Finance Minister said that Prime Minister Modi has learned of the organic farming and the interest shown by the President with regard to it, and although a shortage of nano fertilizer exists in India, they agreed to provide Sri Lanka with the required quantity.Rajapaksa also stated that India gave Sri Lanka a loan of US $ 1 billion to purchase food and other necessities for the people, especially for the upcoming Sinhala Tanil New Year, and the relevant loan has been in operation since yesterday (17).I urge all business communities to make it very transparent, giving priority to things which
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