Amazon wants to buy famous movie studio MGM for $ 9 billion

E-commerce large Amazon wants to incorporate Metro Goldwyn Mayer (MGM), one of many world’s most established film-series manufacturing and distribution corporations.

In accordance to the data acquired, Amazon, which is presently in talks with MGM, has supplied a purchase order supply of $ 9 billion.

The sale of MGM, which hosts many famous productions, can strengthen Amazon’s hand, particularly within the media sector.


Metro Goldwyn Mayer presently has an enormous library of practically 4,000 motion pictures and 17,000 hours of TV content material.

In case of buy, all such content material shall be accessible on Amazon. It may be added to the Prime Video platform. This too It may well remodel the Prime Video library right into a media platform like no different.

In accordance to the data in The Info, talks between Amazon and MGM are ongoing and the deal has not been concluded positively or negatively.

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