Amazon’s purchase of MGM Studios — it’s second-largest acquisition ever — might prove to be a step too far for lawmakers of both parties who are concerned about corporate consolidation in the media business. As a new report notes, the industry has experienced more than $700 billion worth of media mergers and acquisitions since 2014 — and there could be more consolidations on the way.
Also In Today’s Weekend Reader:
- New state anti-worker policies are exacerbating the country’s income inequality problems.
- Government officials might know the secret behind the mysterious “Havana Syndrome.”
- A spectacular tale that will make you never look at a bowling ball the same way again.
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