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Amazon MGM Studios to distribute film about the origins of Loki

Fortune · ·by G4L

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  1. 1Competing studios rejected the project to avoid the risk of advertising another studio's franchise.
  2. 2Amazon acquired MGM for $8.45 billion in 2022.
  3. 3I Play Loki opened on 7 screens on November 6 and earned approximately $345,000 in revenue.

So what's the key point?

MGM Studios, which was acquired by Amazon, released a film about the origin story of Loki. Amazon distributed the film after it was rejected elsewhere, earning approximately $345,000 in revenue.

Source Fortune · View original ↗

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