MGM should have looked for a better partner

When AOL bought TimeWarner I wrote that it was a stupid acquisition … I had the same view with the AT&T acquisition of TimeWarner … and Amazon buying MGM is equally wrong. AOL, AT&T, and Amazon are all pipes, and pipes and content don’t match. The difference with Amazon is just that unlike AOL and AT&T they have crazy amounts of cash and don’t really care about making money off this.

Carsten Schmidt @carstens