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Metro-Goldwyn-Mayer Studios Inc. (also known as Metro-Goldwyn-Mayer Pictures, commonly shortened to MGM) [1] is an American media company specializing in film and television production and distribution based in Beverly Hills, California. [2] Metro-Goldwyn-Mayer was founded on April 17, 1924, and has been owned by the Amazon MGM Studios ...
Dec 14, 2023 · Metro-Goldwyn-Mayer (MGM) is a leading entertainment company focused on the production and global distribution of film and TV content across all platforms.
Apr 29, 2024 · MGM began in April 1924 as Metro Goldwyn productions. The company was born out a merger of Goldwyn Pictures, Louis B. Mayer productions and Metro Pictures.
In 1981 MGM merged with United Artists Corporation and then 16 years later bought Orion Pictures, Goldwyn Films, and the Motion Picture Corporation of America. Rechristened Metro-Goldwyn-Mayer Inc., the new MGM went public in 1997 and once again has become a force to be reckoned with in the entertainment industry.
Goldwyn Pictures Corporation was an American motion picture production company that operated from 1916 to 1924 when it was merged with two other production companies to form the major studio, Metro-Goldwyn-Mayer. It was founded on November 19, 1916, by Samuel Goldfish (who later changed his name to Goldwyn), an executive at Lasky's Feature Play ...
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 ...
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Nov 4, 2021 · By: Charles-Antoine Germain and Lea Charron-Duhamel. On May 26th 2021, Amazon Inc (NAS:AMZN) announced the acquisition of Metro-Goldwyn-Mayer Studios, or MGM Studios, from its parent company, MGM Holdings. The proposed transaction would have a value of $8.45B paid in cash by Amazon, pricing MGM Studios at an EV/EBITDA multiple of 27.62x.
