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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.
- David Tiley
MGM also owned film studios, movie lots, movie theaters and technical production facilities. Its most prosperous era, from 1926 to 1959, was bracketed by two productions of Ben Hur. It divested itself of the Loews movie theater chain and, in 1956, expanded into television production.
May 26, 2021 · Amazon.com Inc. agreed to buy the Metro-Goldwyn-Mayer movie company for $8.45 billion, a bet that a nearly century-old Hollywood icon can feed an insatiable demand for streaming content.
Aug 11, 2021 · In the wake of Amazon’s $8.45 billion purchase of MGM Studios, actress Reese Witherspoon sold a majority interest in Hello Sunshine to a new media company backed by Blackstone Group for $900...
- Dawn Chmielewski
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...
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May 26, 2021 · LOS ANGELES — In the ultimate symbol of one Hollywood era ending and another beginning, Metro-Goldwyn-Mayer, home to James Bond, “Thelma & Louise” and Rocky, finally found a buyer willing...
