Orlando Sentinel’s Central Florida 100: AMAZON’S REACH

, , Leave a comment

Slipping through the cracks relatively quietly, Amazon completed its $8.5 billion deal acquiring MGM, the Hollywood studio with more than 4,000 film titles and 17,000 TV episodes, to add to Amazon’s Prime Video and Amazon Studios. It is noteworthy that, in conjunction with Apple’s ecosystem and Google’s platform, Amazon has truly become a wealth engine for Americans nationwide. The three companies combined currently represent over 15% of the portfolios held by American pension plans and retirement accounts, whether directly or indirectly held, and a significant foundation for the country’s private wealth.

Originally posted for the Orlando Sentinel’s Central Florida 100.

Photo: www.variety.com


Leave a Reply