Update: Last week, we announced that Amazon was attempting to acquire MGM. These initiatives ended and MGM joined Amazon. So now we can say that James Bond has a new home.
The MGM deal is Amazon’s second-largest acquisition to date. Amazon acquired Whole Foods for $13.7 billion in 2017.
You can read the original story below:
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18.05.2021: Amazon has been in talks with MGM (Metro Goldwyn Mayer) for weeks and is trying to buy the famous media firm for about $9 billion, Variety reported. That’s no ordinary rumor, the talks are reportedly led by Mike Hopkins, vice president of Amazon Studios and Prime Video; and Kevin Ulrich, a board member at MGM; anchorage capital, which has a majority stake in MGM.
MGM has more than 4,000 films and over 17,000 hours of television in its library. The studio, which is also the owner of the James Bond franchise, also owns films such as Rocky, The Hobbit, Silence of the Lambs, Rain Man, Terminator, and such series as The Handmaid’s Tale and Vikings.
So if this purchase happens, Amazon Prime Video will have the chance to upload great content at once.
Don’t you think Prime Video would be a great development for those who complain about the lack of content?