James Bond Studio MGM Taken Over by Amazon; 28 Businesses Form Alliance Against Biden's Tax Hikes
James Bond is about to get a new home. That's because Amazon is buying MGM studios, home of 007. The nearly $8.5B deal announced Wednesday gives the e-commerce titan a massive film and TV library. MGM is one of the most iconic movie studios in history. It's library catalog includes classics like "The Wizard of Oz," "Rocky", and "Legally Blonde."
This comes as Amazon is facing another antitrust lawsuit. Washington, DC accuses the company of illegally controlling online retail prices, saying its business practices harm competition. Amazon has been facing a slew of antitrust bills. Sen. Josh Hawley introduced two antitrust taking aim at big tech platforms earlier this year.
And an alliance of over two dozen businesses. They're teaming up against government tax hikes. They're forming a new alliance called "America's Job Creators for a Strong Recovery." The group says raising taxes on businesses and corporations will hurt the U.S. economy. This comes as home prices are going up.
Tune into Deep Dive as we explore these topics and more.
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