>> WELCOME BACK TO BETWEEN
BELLS EVERYBODY AMAZON COULD BE
CLOSING IN ON YET ANOTHER
ACQUISITION AMAZON IS
REPORTEDLY IN TALKS TO ACQUIRE
MGM HOLDINGS
WHICH WOULD BE A MAJOR
CONTENT GRAB FROM THE COMPANY
AND GM HOLDINGS IS BEHIND SOME
OF THE BIGGEST NAMES IN FILM
AND TV LIKE THE JAMES BOND
FRANCHISE ROCKY AND THE
HANDMAID'S TALE.
>> JOINING US NOW TO DISCUSS IS
ALAN WELL CO-FOUNDER AND LEAD
ANALYST AT TV. RAV ALLEN ALWAYS
A PLEASURE TO TALK TO YOU
THANKS FOR COMING
BACK ON. YEAH OF COURSE THIS A
BIG DEAL. WHAT DOES THIS DEAL
MEAN FOR AMAZON.
>> WELL IT'S INTERESTING IT
DOESN'T NEED AS MUCH AS YOU
MIGHT THINK IT DOES RIGHT SO
HUGE
HUGE THING MOST PEOPLE DON'T
SUBSCRIBE TO AMAZON BECAUSE OF
THE CONTENT IS ON THE ADDITIONS
CRIED TO FREE
2 DAY SHIPPING. ON THE OTHER
PIECE IS THE AMAZON IS REALLY
LOOKING TO MAKE MONEY FROM
VIDEO OFF
OF ADVERTISING. SHE THE NGM
CONTENT THAT'S ON THE AIR JUST
GIVES PEOPLE MORE REASON
TO WATCH THE MOVIES IS AN
INTERESTING THING KEY BECAUSE
AMAZON HAS BE TAKEN AWAY THE
LEAD
FROM APPLE AS OF THE NUMBER ONE
PLACE WHERE PEOPLE RENT MOVIES
DRAMA AND THAT YOU'RE GOING TO
HAVE THAT WITH VERSION WITH
HAVE A
LOT MORE AND IF THEY PUT SOME
OF THAT THEY HAVE SOMETHING
THAT WE CALL A FAST A FREE
AD SUPPORTED STREAMING TV
SERVICE CALLED IMDB TV WHICH IS
ROLLS OFF THE TONGUE. BUT IT'S
OFTEN THEIR IMDB TV
IMDB
PRODUCT AND HAS AN AD SUPPORTED
SERVICE AND IT SHOWS UP IN
CHURCH IF YOU'RE SEARCHING FOR
SOMETHING ON AMAZON.
A LOT OF TIMES IT WILL SAY HEY
YOU CAN WATCH THIS FOR FREE
WITH ADS OR YOU CAN WATCH YOU
CAN RENT
IT AND WHEN YOU WATCH FOR FREE
WITH ADS AS WHERE AMAZON REALLY
MAKES THEIR MONEY BECAUSE
AMAZON KNOWS EVERYTHING YOU
BOUGHT OVER THE LAST 20 YEARS
OR SO FOR A LOT
OF PEOPLE AND SO THEY CAN
REALLY SEE THAT YOU KNOW
THEY'RE GROWING THEIR AD DOES
IT SO THAT'S REALLY GOOD.
THE BENEFIT OF IT FOR
ADVERTISING ISN'T A LOT OF WAYS
YOU'RE NOT COMPETING FOR THIS
SCENE DOLLARS AS NET LAKES.
DISNEY WARNER AND ALL THE OTHER
COMPANIES THAT ARE IN THE
FIELD.
>> SO WE KNOW AMAZON IS SUCH A
RATHER THEN US.
>> THEATER CHAIN OR JUST
ANOTHER STREAMING SERVICE WHY
IS A STUDIO LIKE AND GM MORE
ATTRACTIVE TO AMAZON.
>> WELL BECAUSE IT HAS A LOT OF
REALLY POPULAR PROGRAMS AND
MOVIES. YES, SIR
NGN DOESN'T JUST MAKE MOVIES
AND SHOWS LIKE THE
HANDMAID'S TALE AND A LOT OF
REALITY TV THEY GOT A PRETTY
BROAD RANGE OF PROGRAMMING TO
GIVE AMAZON A BROADER RANGE
THAT WHEN THEY TRY TO CONVINCE
PEOPLE WHERE TO SPEND
THEIR TIME TIME AND THEN WHAT
IS NOWHERE ADVERTISE YOU SPEND
THEIR AD DOLLARS THEY WANT TO
SEND IT
TO YOU. AMAZON ON YOU KNOW
HAVING THESE MOVIES THERE MAKES
GETS
PEOPLE TO THINK OF AMAZON AS A
PRIMARY SOURCE
FOR PROGRAMMING AND IT ALSO HAS
ITS OWN STUDIO AMAZON STUDIED
NATION. A LOT OF REALLY GOOD
STUFF, YOU'RE BORE AT IN OTHER
MOVIES THAT THEY HAVE
PUT OUT THERE SHOULD REALLY
MAKES THEM A
VERY UNIQUE. YOU KNOW A UNIQUE
PROPOSITION WITHIN THE
INDUSTRY, ESPECIALLY FOR
CONSUMERS.
>> YOU MAKE SUCH A GREAT POINT
EARLIER THAT MOST OF US TO HAVE
AMAZON PRIME BECAUSE OF THE
2 DAY SHIPPING. SO HOW WILL
THIS CHANGE AMAZON'S PRIME
VIDEO LIBRARIES AND OF COURSE
THE ATTRACTION TO ITS
CUSTOMERS.
>> WELL YOU SHOULD MAKE GIVES
YOU MORE STUFF TO RIGHT NOW A
LOT OF PEOPLE SORT OF COMMUNITY
THE RENT A MOVIE FROM AMAZON
AND A WATCH SOME OF THEIR HEAT
SHOWS LIKE THEY HAVE
YOU KNOW MISSUS NASAL AND SOME
OF THE OTHER SHOW TRANSPARENT
SOME OF THE ISSUES THAT
THEY HAD. BUT AFTER THAT THERE
WASN'T THAT DEEP A LIBRARY THEY
HAD A LOT OF THE OCEAN OLD
SCHOOL LIBRARY CONTENT NOTHING
REALLY SPECIAL. THIS GIVES THEM
STUFF THAT NOBODY ELSE DOES
IT'S GOING TO KEEP PEOPLE
IDEALLY FOR AMAZON IS GOING TO
KEEP PEOPLE ON THE AMAZON PRIME
PLATFORM OR
AT WHICH POINT THEY CAN
POSSIBLY STEER THEM TO
IMDB TV AND THEN GET THEM TO
WATCH ADS WHICH IS REALLY LIKE
I SAID BEFORE HIS WERE AVERAGES
REALLY GONNA MAKE THEIR MONEY.
>> ALAN
YOU KNOW I HAVE TALKED ABOUT
THE WARNERMEDIA DISCOVERY
MERGER.
SO E.
>> SIDE OF THE DEAL ALL HAVE
THEIR OWN STREAMING SERVICE HBO
MAX A DISCOVERY PLUS OF COURSE
WHAT IS IT THIS DEAL MEAN FOR
THE GLOBAL STREAMING LANDSCAPE.
>> IT WAS INTERESTING BOTH
DISCOVERY
AND HBO HAD A STRONG PRESENCE
OVERSEAS RIGHT DISCOVERY WHICH
IS SORT OF FUNNY IF YOU THINK
ABOUT IT, BUT IT IS A BRILLIANT
STRATEGY, ANY OF THEIR SHOWS
ARE USUALLY SPEAKS TO THE
NATURE SHOWS ARE USUALLY
TRANSLATED WELL INTO ANOTHER
LANGUAGE IS NOT MUCH ON
CAMERA TALENT. IF YOU HAVE A
DOCUMENTARY THAT SHE WORKS IS
YOU WHO MAY NEED IT DOESN'T
SEEM LIKE AN AMERICAN SHOW
AND THEY HAVE A STRONG PRESENCE
OVERSEAS THEY OWN PART OF SPORT
WHICH IS A BIG THE EUROPEAN
VERSION OF ESPN IF
YOU WILL ON HBO ALSO HAD A
STRONG
PRESENCE OVERSEAS. SO THAT'S
REALLY GOING TO BE WHERE THESE
GUYS ARE HEADING, YOU KNOW AS
TOGETHER THEY REALLY NEED
CHANCE TOGETHER IN A WAY THAT
OTHER COMBINATIONS MIGHT HAVE
NOT YOU KNOW
COMCAST NBC DIDN'T REALLY HAVE
THAT MUCH GOING ON OVERSEAS,
YET NEITHER DID VIACOM CBS THAT
THESE 2 REALLY DO
HAVE A HUGE OVERSEAS PRESENCE
AND TOGETHER THEY PROVIDE A
REALLY VIABLE ALTERNATIVE TO
DISNEY AND NETFLIX AND I DON'T
THINK IT'S GOING TO BE ONE OR
THE OTHER SORT
OF THING BUT I THINK THAT IT
MAKES THEM ONE OF YOUR 3
CHOICES FOR THE MORE I THINK
ACTUALLY MADE HER NETFLIX US
NETFLIX DOESN'T HAVE THE BREATH
OF CONTENT THAT DISNEY WHICH IS
INCLUDES DISNEY
WHO ESPN. AND THEN THIS SORT OF
COMBINE DISCOVERY AND WARNER
HAVE.
>> AS LESS THAN A MINUTE WITH
YOU HAVE TO ASK CAN WE EXPECT
MERGERS IN THE MEDIUM AND A
LANDSCAPE.
>> MAYBE IT REALLY DEPENDS
ON APPLE RIGHT THERE AT ALL IS
THE ONE COMPANY THAT IS THAT
HAS A VERY OUT OF PROGRAMMING
ON APPLE TV PLUS APP AND THEY
COULD BUY EITHER
VIA COM OR YOU KNOW THEY WERE
IN DC YOU FROM BOTH OF WHICH
ARE POSSIBLE IF SHE
PEOPLE SUGGEST THAT NBCU AND
VIACOM CBS MIGHT MERGE AND
THAT'S JUST NOT GOING TO HAPPEN
TO REGULATORY AS YOU CAN SEE
BOTH
BROADCAST NETWORKS.
>> SO WE MAY SEE SOME SMALLER
THINGS LIKE AMC ABC SWALLOWED
UP BUT I THINK IT'S REALLY
APPLE WHICH HAS IF YOU REMEMBER
LIKE ABOUT A QUARTER OF A
TRILLION DOLLARS
OF CASH IN THEIR WAR CHEST AND
COULD EASILY BY ANY OF THOSE