Amazon has acquired the Metro-Goldwin-Mayer studio. The company has a huge catalog that allows it to compete with Netflix. Fans of Wednesday are worried that the series will move to Amazon Prime Video.
Amazon’s takeover of MGM for $8.5 billion has changed the balance of the Hollywood and streaming industry. Prime Video is better equipped than ever to compete in the lands of Netflix, the undisputed leader in the field. By taking the reins of the century-old film studio, the e-commerce giant has got its hands on a phenomenal catalog, and prestige level, now weighs 180 Oscars.
In addition to increasing the offer of its streaming platform, Amazon could also play a nasty trick on its best enemy. Rumor has it that Wednesday could change broadcaster. The series, currently available on Netflix, is a real hit, with more than a billion views in less than a month. Given its success, although nothing has been confirmed yet, it is most likely it will have a second season. Will it be hosted on Amazon Prime Video rather than Netflix? It’s not impossible, and it would be very boring for many Internet users: by buying MGM, Amazon also took possession of MGM Television.
Amazon now owns the rights to The Addams Family and Wednesday
Amazon now owns the rights to The Addams Family and all these derivative products, including Wednesday. Speculation is therefore rife regarding the future of the series on Netflix. Such a loss would be catastrophic. Wednesday is the second highest number in terms of views for the platform, and only Stranger Things can claim to have done better.
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What platform will the series air on? No one knows yet, but the representatives of Metro-Goldwyn-Mayer want to be reassuring: “ MGM creates programs for all types of platforms and broadcasters, and its acquisition by Amazon does not change that. The sale has no impact on our existing contracts”. In the immediate future, Amazon has apparently no intention of reserving the exclusivity of MGM content. Renewal negotiations between Netflix and MGM Television promise to be tough.
