Amazon said to be in talks to buy movie studio MGM for $9 billion
By Scott Deveau, Kelly Gilblom and Spencer Soper Bloomberg,Updated May 18, 2021, 7:02 p.m.
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MGM Studios in Beverly Hills, Calif.AaronP/Bauer-Griffin/GC Images/Photographer: AaronP/Bauer-Griff
Amazon is in talks to buy James Bond movie company Metro-Goldwyn-Mayer, according to a person familiar with the matter, potentially taking one of the last major independent film studios off the market.
Amazon is considering a bid of about $9 billion, said the person, who asked not to be identified because the deliberations are private. Discussions could still fall apart and details such as price may change, the person said. The Information and Variety previously reported on the talks.