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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it's the lesson he swears by as a $7.2 billion AI CEO
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Amazon will license original content like ‘Coming 2 America’ and the newest Borat movie to other media companies for the first time

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May 9, 2023, 5:10 AM ET
Amazon said on May 8, 2023 that it will distribute its original films and TV shows, like “The Marvelous Mrs. Maisel,” to media outlets outside the Prime Video service for the first time.
Amazon said on May 8, 2023 that it will distribute its original films and TV shows, like “The Marvelous Mrs. Maisel,” to media outlets outside the Prime Video service for the first time. Patrick Semansky—AP
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Amazon said Monday it will distribute its original films and TV shows, like “The Marvelous Mrs. Maisel,” to media outlets outside its Prime Video service for the first time.

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The works will be licensed via a new unit called Amazon MGM Studios Distribution, which expands the number of titles currently offered by Hollywood studio MGM. Last year, the e-commerce-behemoth-turned-media-giant closed its acquisition of MGM — which houses more than 4,000 film titles and 17,000 TV episodes — for $8.5 billion.

At launch, the new division will offer several series and films including “Coming 2 America” and “Borat Subsequent Moviefilm,” Amazon said. The unit will be led by Chris Ottinger, the head of distribution at MGM, who will continue to oversee distribution of MGM’s new releases and film franchises, such as the James Bond and Rocky series.

“With the integration of MGM, we wanted to take advantage of the existing team to expand our business in ways that will greatly benefit our customers around the world,” Jen Salke, who heads up Amazon and MGM Studios, said in a prepared statement.

Last week, Amazon said it would add more than 100 Amazon Originals to i ts free, ad-supported streaming service Freevee.

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