Amazon's agreement to acquire MGM for $8.45 billion has all the makings of a great script, combining a Hollywood icon with an Internet powerhouse.

But will this unlikely pairing be a giant blockbuster or a massive flop?

Joining us to assess the situation on this episode of the GeekWire Podcast is Sam Blake, a reporter who covers entertainment and media for dot.LA, the technology news site for Southern California.

Here's how he put the news in perspective in his coverage this week: "Ninety-six years after Metro Pictures, Goldwyn Pictures and Louis B. Mayer Pictures merged to form MGM Studios, the Hollywood mainstay best known for its roaring lion mascot is set to join a trillion-dollar business empire best known for selling household items over the internet."

MGM would provide Amazon with more than 4,000 films and 17,000 TV shows that have collectively won more than 180 Academy Awards and 100 Emmys. The film library includes the James Bond and Rocky franchises, as well as television shows such as “The Handmaid’s Tale” and “Fargo,” and reality shows such as “Shark Tank” and “Survivor.”