There’s been talk that
MGM had been looking to sell up since as early as mid-2019, with Disney and Netflix named as potential buyers, but the deal has now been closed, with Amazon purchasing the studio and its entire back catalogue of movies and TV shows for a cool $8.45 billion.
Amazon has always been viewed as having one of the weaker libraries out of the Big Five streaming platforms, lagging behind Netflix, Disney Plus, HBO Max and Hulu in terms of both high profile originals and the selection of pre-existing titles on offer, but that’s all set to change in a big way. The company have acquired over 4,000 feature films and 17,000 TV shows, while a number of marketable brands are set to be reinvented, rebooted or remade. Naturally, the internet has a lot to say about the takeover, and you can see some of the reactions below.