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1. www.newsweek.com › amazons-845b-purchase-mgm-moreAmazon's $8.45B MGM Purchase More Than Half the Cost to Buy ...

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   May 26, 2021 · Amazon has purchased MGM studios for $8.45 billion in hopes of adding more TV shows and movies to its streaming service. This is Amazon 's second-largest acquisition, after it bought Whole Foods ...

2. www.bbc.co.uk › news › business-57249849Amazon buys Hollywood studio MGM for $8.45bn - BBC News

   www.bbc.co.uk › news › business-57249849

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   May 26, 2021 · Amazon has agreed to buy the historic MGM studios for $8.45bn (£5.97bn). ... The acquisition marks Amazon's second-biggest after it bought upmarket grocery chain Whole Foods Market for $13.7bn in ...

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     Why Amazon is Buying MGM

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4. www.ft.com › content › a796bb0e-bb92-4ac2-9bac-77f75Amazon agrees deal to buy MGM for $8.45bn - Financial Times

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   May 26, 2021 · The MGM deal is Amazon’s largest since the $13.7bn purchase of Whole Foods in 2017, and the latest signal that it is willing to spend heavily on content for its streaming services.

5. www.vox.com › recode › 22451787Why Amazon is buying MGM holdings and James Bond for $8.45 ...

   www.vox.com › recode › 22451787

   Mar 17, 2022 · Update, March 17, 10 am: Amazon’s $8.45 billion deal has closed, and the company announced that MGM will be joining Prime Video and Amazon Studios. Big tech companies have been eyeing big media ...

6. www.bbc.com › news › business-57249849Amazon buys Hollywood studio MGM for $8.45bn - BBC

   www.bbc.com › news › business-57249849

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   May 26, 2021 · Amazon has agreed to buy the historic MGM studios for $8.45bn (£5.97bn). ... The acquisition marks Amazon's second-biggest after it bought upmarket grocery chain Whole Foods Market for $13.7bn in ...

7. www.aljazeera.com › economy › 2022/3/17Amazon closes $8.5bn deal to buy MGM movie studio - Al Jazeera

   www.aljazeera.com › economy › 2022/3/17

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   Mar 17, 2022 · The takeover is Amazon’s biggest acquisition since it agreed to buy Whole Foods in 2017 for $13.7 billion. In 2020 and 2021, alone, Amazon spent a combined $24 billion on video and music for its ...

8. People also ask

   Why is Amazon buying MGM vs Whole Foods?

   • The MGM deal is Amazon’s largest since the $13.7bn purchase of Whole Foods in 2017, and the latest signal that it is willing to spend heavily on content for its streaming services. Earlier this year the company signed an agreement worth around $1bn per year to stream the NFL, one of several recent sporting rights acquisitions.

   Amazon agrees deal to buy MGM for $8.45bn - Financial Times

   www.ft.com/content/a796bb0e-bb92-4ac2-9bac-77f75e8b40c8

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   Why did Amazon buy MGM?

   • Amazon bought MGM studios for $8.45 billion in order to add more TV shows and movies to its streaming service. This is Amazon's second-largest acquisition, after it bought Whole Foods for nearly $14 billion in 2017.

   Amazon's $8.45B Purchase of MGM More Than Half of What It

   www.newsweek.com/amazons-845b-purchase-mgm-more-half-what-it-paid-buy-whole-foods-1595034

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   What is Amazon's biggest acquisition since it bought Whole Foods?

   • The takeover is Amazon’s biggest acquisition since it agreed to buy Whole Foods in 2017 for $13.7bn. MGM, the studio behind the James Bond franchise, adds a back catalog of 25,000 hours that Amazon could divvy up between its Prime Video offering, or its free-to-stream, ad-supported IMDb TV [File: Dado Ruvic/Reuters]

   Amazon closes $8.5bn deal to buy MGM movie studio

   www.aljazeera.com/economy/2022/3/17/amazon-closes-8-5bn-deal-to-buy-mgm-movie-studio

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   Will Amazon take over MGM?

   • Amazon's takeover of MGM will also need to be approved by regulators, at a time when the firm is under scrutiny in the European Union and in the US over its business practices. The acquisition marks Amazon's second-biggest after it bought upmarket grocery chain Whole Foods Market for $13.7bn in 2017.

   Amazon buys Hollywood studio MGM for $8.45bn - BBC News

   www.bbc.co.uk/news/business-57249849

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   Will Amazon buy MGM Studios?

   • MGM Holdings, the parent company of MGM Studios, had reportedly been exploring a sale since 2020. Amazon said in a statement that the deal would allow MGM, founded in 1924 and recognised by its roaring Leo the Lion logo, "to continue to do what they do best: great storytelling."

   Amazon buys Hollywood studio MGM for $8.45bn - BBC News

   www.bbc.co.uk/news/business-57249849

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   Are MGM & Amazon working together?

   • “We welcome MGM employees, creators and talent to Prime Video and Amazon Studios, and we look forward to working together to create even more opportunities to deliver quality storytelling to our customers,” said Mike Hopkins, senior vice-president of Prime Video and Amazon Studios, in a blog post published on Thursday morning.

   Amazon closes $8.45bn deal to acquire film studio MGM | Financial Times

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9. www.ft.com › content › e13b8ce0-fe99/4143/99cd-af59aAmazon closes $8.45bn deal to acquire film studio MGM

   www.ft.com › content › e13b8ce0-fe99/4143/99cd-af59a

   Mar 17, 2022 · The $8.45bn acquisition, which includes debt, is Amazon’s largest ever in the media space and its biggest of any kind since the $13.7bn purchase of Whole Foods in 2017.