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     Amazon Buys MGM Movie Studio for $8.45 Billion

     May 27, 2021

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2. www.youtube.com › watchAmazon in talks to buy MGM for $9 billion: RPTS - YouTube

   www.youtube.com › watch

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   May 18, 2021 · #Amazon #MGM #streamingYahoo Finance’s Brian Sozzi, Myles Udland, and Julie Hyman discuss the potential Amazon-MGM deal and what it would mean for the stream...

   • Video Duration: 3 min
   • Views: 2.7K

   • Author: Yahoo Finance

3. www.bbc.com › news › business-57153680Amazon in talks to buy MGM Studios for $9bn - reports - BBC

   www.bbc.com › news › business-57153680

   Amazon is reportedly in talks to buy the historic MGM Studios for $9bn (£6.35bn). MGM is one of Hollywood's most famous studios, with its Leo the Lion logo and an almost century-long history.

4. www.latimes.com › entertainment-arts › businessWhy Amazon is buying MGM for nearly $9 billion - Los Angeles ...

   www.latimes.com › entertainment-arts › business

   May 26, 2021 · Amazon spent $11 billion on music and video content in 2020, up from $7.8 billion in 2019, according to Convergence Research Group. That amount is expected to grow to $15.5 billion this year, the ...

5. www.vanityfair.com › hollywood › 2021Amazon in Talks to Acquire MGM Studios for $9 Billion

   www.vanityfair.com › hollywood › 2021

   May 18, 2021 · Rumors that Amazon was making a serious play for the studio began over the weekend, with industry insiders saying that MGM was worth anywhere from $5 billion to $10 billion.

6. happymag.tv › amazon-buys-mgm-for-9-billionAmazon drops $8.45 billion USD on MGM to bolster Prime Video

   happymag.tv › amazon-buys-mgm-for-9-billion

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   May 28, 2021 · The $8.45 billion acquisition of MGM is Amazon’s second biggest purchase, with the major investment in Prime Video’s streaming library enabling access to films like James Bond and Rocky. There has been a new addition to Amazon’s endlessly growing list of acquisitions – MGM, the iconic film studio behind James Bond (among many more classic movies).

7. www.vox.com › recode › 22451787Why Amazon is paying nearly $9 billion for MGM and James Bond

   www.vox.com › recode › 22451787

   Mar 17, 2022 · Now it’s finally, probably happening: Amazon is getting ready to pay $9 billion for MGM Holdings, the Hollywood studio that brings you James Bond and a smattering of other stuff, like the Pink ...

8. People also ask

   Is MGM worth $9 billion?

   • Paying nearly $9 billion for MGM represents a significant step up. Hollywood executives have questioned whether MGM was worth the purchase price — valuing it closer to $6 billion. However, Amazon, with a market capitalization of $1.6 trillion, can clearly afford it.

   Why Amazon is buying MGM for nearly $9 billion - Los Angeles Times

   www.latimes.com/entertainment-arts/business/story/2021-05-26/why-amazon-buying-mgm-s-a-watershed-moment-for-hollywood-and-tech

   See all results for this question

   Is MGM for sale?

   • In December of 2020, Variety confirmed that there was effectively a “for sale” sign on the studio, and major media companies and tech giants have been circling MGM ever since. Rumors that Amazon was making a serious play for the studio began over the weekend, with industry insiders saying that MGM was worth anywhere from $5 billion to $10 billion.

   Amazon in Talks to Acquire MGM Studios for $9 Billion

   www.vanityfair.com/hollywood/2021/05/amazon-in-talks-to-acquire-mgm-studios-for-dollar9-billion

   See all results for this question

   How much does Amazon Pay for MGM?

   • Amazon is paying $8.45 billion US for MGM, making it the company's second-largest acquisition after it bought grocer Whole Foods for nearly $14 billion in 2017. The deal is the latest in the media industry that's aimed at boosting streaming services to compete against Netflix and Disney+.

   Amazon buys MGM movie studio for more than $8B | CBC News

   www.cbc.ca/news/business/amazon-mgm-1.6040610

   See all results for this question

   Will Amazon buy MGM Studios for $9bn?

   • Amazon is reportedly in talks to buy the historic MGM Studios for $9bn (£6.35bn). MGM is one of Hollywood's most famous studios, with its Leo the Lion logo and an almost century-long history. The sale would give the technology giant's Prime streaming service access to a vast back catalogue of iconic content.

   Amazon in talks to buy MGM Studios for $9bn - reports - BBC

   www.bbc.com/news/business-57153680

   See all results for this question

   Why did Amazon buy MGM Studios?

   • Amazon has bought MGM Studios, and its catalogue of movies including the James Bond franchise, as part of efforts to better compete with Netflix and Disney+. Amazon already has its own studio but has had mixed results. Two of its shows, The Marvelous Mrs. Maisel and Fleabag , won best comedy series Emmys.

   Amazon buys MGM movie studio for more than $8B | CBC News

   www.cbc.ca/news/business/amazon-mgm-1.6040610

   See all results for this question

   Is MGM a good investment for Amazon?

   • For Amazon, the principal attraction is MGM’s valuable library, which includes 17,000 episodes of TV programming and a stable of film properties that could be mined for reboots. Amazon already has a studio of its own, based in Culver City and run by former NBC executive Jennifer Salke since 2018.

   Why Amazon is buying MGM for nearly $9 billion - Los Angeles Times

   www.latimes.com/entertainment-arts/business/story/2021-05-26/why-amazon-buying-mgm-s-a-watershed-moment-for-hollywood-and-tech

   See all results for this question

9. www.cbc.ca › news › businessAmazon buys MGM movie studio for more than $8B | CBC News

   www.cbc.ca › news › business

   • Cached

   May 26, 2021 · Amazon is paying $8.45 billion US for MGM, making it the company's second-largest acquisition after it bought grocer Whole Foods for nearly $14 billion in 2017.