mgm
Washington (AFP) - Amazon has closed its $8.45 billion deal to buy the storied MGM studios, the online giant said Thursday, boosting its streaming ambitions with a catalog including the James Bond and Rocky film franchises. Amazon's dominance in online retailing has drawn anti-monopoly scrutiny, but this buyout won approval from EU authorities days ago while American regulators have not blocked the agreement originally announced in May. The deal bolsters Amazon Prime Video with some 4,000 films and 17,000 television episodes as it faces off with the likes of Netflix and Disney in a booming mar...
AFP
New York (AFP) - Amazon is in talks to acquire the fabled MGM studios, which would bolster the US tech giant's ambitions in streaming media with James Bond, Rocky and other film franchises, media reports said Tuesday. The deal could value the storied Metro Goldwyn Mayer name at between $5 billion and $10 billion, according to the New York Times, The Information and other media. Amazon, whose Prime Video is used by some 175 million people worldwide, would acquire MGM's 4,000 title catalog including the Bond series, Pink Panther and Legally Blonde, along with an array of television programs. A d...
AFP
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