Amazon MGM Studios to distribute film about the origins of Loki
WMT Walmart Inc
$125.49 -0.14%
View chart & analysis → - 1Competing studios rejected the project to avoid the risk of advertising another studio's franchise.
- 2Amazon acquired MGM for $8.45 billion in 2022.
- 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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