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May 26, 2021 · and Wendy Lee. May 26, 2021 Updated 12:43 PM PT. After years of speculation about the merging of Big Tech and Hollywood, Amazon.com Inc. said Wednesday that it is acquiring Metro-Goldwyn-Mayer ...
May 26, 2021 · SEATTLE & BEVERLY HILLS, Calif.-- (BUSINESS WIRE)--May 26, 2021-- Amazon (NASDAQ: AMZN) and MGM today announced that they have entered into a definitive merger agreement under which Amazon will acquire MGM for a purchase price of $8.45 billion. MGM has nearly a century of filmmaking history and complements the work of Amazon Studios, which has ...
Jul 8, 2021 · Jul 8, 2021, 1:00 PM UTC. Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images. When Amazon announced its plans to acquire MGM in May, the primary focus of discussion was ...
- Catie Keck
May 26, 2021 · Amazon’s purchase of MGM raises a number of questions about how the tech giant will view theatrical distribution, and TV and film production. Bezos’ comments reinforce that MGM’s IP is the ...
- Alex Weprin
May 26, 2021 · By Joseph Stanichar May 26, 2021 1:37 pm EST. Another massive acquisition has just taken place, as the goliath Amazon has swallowed up yet another company: the 97-year-old Metro-Goldwyn-Mayer ...
May 26, 2021 · Amazon will help preserve MGM’s heritage and catalog of films, and provide customers with greater access to these existing works. Through this acquisition, Amazon would empower MGM to continue ...
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May 26, 2021 · Amazon and MGM announced that they have entered into a definitive merger agreement under which Amazon will acquire MGM for a purchase price of $8.45 billion. MGM has nearly a century of filmmaking history and complements the work of Amazon Studios, which has primarily focused on producing TV show programming.
