Amazon Buys Hollywood s MGM Studio. Twitter Erupts With Memes And Jokes Amazon Buys Hollywood s MGM Studio. Twitter Erupts With Memes And Jokes Amazon has acquired famed Hollywood studio MGM for a whopping $8.45 billion.
Updated: May 27, 2021 12:14 pm IST
Jeff Bezos is the new James Bond? Memes on Amazon s acquisition of MGM have flooded social media
Amazon, on Wednesday, acquired famed Hollywood studio MGM for a whopping $8.45 billion. Acquiring the studio, which is behind some classic films and shows such as the James Bond franchise,
The Handmaid s Tale, and
Legally Blonde, will add to Amazon s extensive library of cinema. This, in turn, is expected to give Amazon an edge over streaming rivals such as Netflix and Disney+. It s very exciting and provides so many opportunities for high-quality storytelling, Mike Hopkins, senior vice president of Prime Video and Amazon Studios said about the deal.