iWorld
Streaming war intensifies, as Amazon eyes MGM studios
KOLKATA: US tech giant Amazon is in talks to acquire the “Bond studio” MGM to bolster its ambition in the streaming media, according to reports. The mega-deal is being orchestrated by Amazon Studios and Prime Video senior vice president Mike Hopkins, along with MGM board chairman Kevin Ulrich.
Founded in 1924 MGM’s wide Hollywood library includes names like Bond, Hobbit, Rocky, and Pink Panther franchises as well as movies like The Silence of the Lambs, The Magnificent Seven, Four Weddings, and A Funeral along with a streaming service Epix.
Although media is not a big part of e-commerce giant Amazon’s portfolio, it has gradually increased focus on the segment. Prime Video’s viewer base has surpassed 175 million, the company revealed recently. According to reports, MGM has been looking for prospective buyers. While the company wants to value itself at $9 billion, others are valuing it at $5 billion.
At the end of 2020, there were already reports that MGM had tapped Morgan Stanley and LionTree to explore a sale. Even Apple and Comcast also reportedly spoke to the studio but they could not reach an agreement.
The reports came close on the heels of Discovery-AT&T’s media assets merger deal to build a new streaming giant. In the last few years, the global media and entertainment industry has witnessed a number of consolidations as the streaming competition rises.
iWorld
Mastercard expands concert series with comedy and music format
Vir Das, Zakir Khan and Papon headline multi-city shows across India.
MUMBAI: From punchlines to power chords, the stage is getting a genre upgrade. Mastercard has unveiled the next phase of its multi-city concert series in India, blending stand-up comedy with live music in a format that mirrors the country’s evolving entertainment tastes. The new line-up brings together a diverse mix of performers, including comedians Vir Das and Zakir Khan, alongside singer Papon. The shift marks a departure from earlier editions that were primarily music-led, featuring global and Indian acts such as Enrique Iglesias, A. R. Rahman and Sunidhi Chauhan.
Curated in collaboration with Tribe Vibe and EVA Live, the expanded series is designed to create a broader cultural platform that brings humour, storytelling and music into a single live experience.
Vir Das will kick off the comedy segment in New Delhi with four shows across two days at Yashobhoomi on 9 and 10 May. Meanwhile, Zakir Khan is set for an extended run in Mumbai, with nine shows scheduled at Dome SVP Stadium across 12, 13, 14, 19 and 20 June, with additional dates expected.
On the music front, Papon will headline a six-city tour, beginning in Chandigarh on 16 May, followed by Ahmedabad on 29 May and Lucknow on 30 May. The tour will then move to Bengaluru on 6 June, Hyderabad on 7 June, and conclude in Indore on 14 June.
The series continues to offer exclusive benefits for Mastercard cardholders, including priority ticket access and premium lounge experiences at venues positioning the platform as both an entertainment and lifestyle proposition.
Beyond the spotlight, the initiative carries a social dimension. Through its partnership with Learning Links Foundation, Mastercard has enabled nearly 90 students from underserved communities across cities such as Delhi, Mumbai, Ahmedabad, Bengaluru, Hyderabad, Jaipur and Chandigarh to experience live events often for the first time aiming to spark interest in careers within the experience economy.
As live entertainment becomes increasingly hybrid and experiential, Mastercard’s latest move signals a simple insight: today’s audience doesn’t just want a show, they want a story, a laugh and a memory, all rolled into one.
