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In May 2021, Amazon acquired MGM for US$8.45 billion; [10] the deal closed in March 2022. [11] In October 2023, Amazon Studios absorbed MGM Holdings and rebranded itself as Amazon MGM Studios. [12]
Amazon MGM Studios, formerly Amazon Studios, is an American film and television production and distribution studio owned by Amazon. It was launched in 2010. It took its current name in May 2023 following its merger with MGM Holdings, which Amazon had acquired the year prior. [3]
May 27, 2021 · STEVE INSKEEP, HOST: Amazon said yesterday it will acquire the Hollywood studio MGM for more than $8 billion. Now, when you're Amazon, that's not even that much money, but it's the latest big...
May 26, 2021 · After years of speculation about the merging of Big Tech and Hollywood, Amazon.com Inc. said Wednesday that it is acquiring Metro-Goldwyn-Mayer Studios for $8.45 billion — snapping up a library...
May 26, 2021 · Amazon has reached a deal to acquire the film and TV company MGM for $8.45 billion, the companies announced today. It’s a significant acquisition for the e-commerce giant, and it means it...
- Jon Porter
May 26, 2021 · A deal was announced on Wednesday in which Amazon will acquire MGM, the storied Hollywood movie studio. AILSA CHANG, HOST: Today, Amazon bought a movie studio. It paid nearly $8.5 billion for...
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Jun 2, 2021 · Who really owns Hollywood? We analyse the quarterly and annual results of the biggest screen media production companies, and speculate on the motives of the suits who own the suits who run the studios.
