Amazon Buys MGM for $8.45 Billion

variety.com/2021/biz/news/amazon-buys-mgm-studio-behind-james-bond-for-8-45-billion-1234980526/

For Amazon, snapping up MGM — which has more than 4,000 movies and 17,000 TV shows in its catalog — is a way to supercharge its Prime Video service with a slew of well-known entertainment titles.

In addition, Amazon is anticipating being able to mine Metro-Goldwyn-Mayer properties like the Pink Panther, Rocky and, the 007 franchises for new originals.

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