World UFO Day 2021 World UFO Day An awareness day to watch the skies naidunia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naidunia.com Daily Mail and Mail on Sunday newspapers.
MONEYWEB
app instead?
Marking the e-commerce giantâs biggest push yet into Hollywood.
By Kelly Gilblom and Liana Baker, Bloomberg
25 May 2021 07:19
Image: Eric Thayer/Bloomberg
Amazon.com Inc. is poised to announce an acquisition of the Metro-Goldwyn-Mayer movie studio as soon as Tuesday, according to a person familiar with the matter, marking the e-commerce giantâs biggest push yet into Hollywood.
Amazon is in talks to pay almost $9 billion for the business, said the person, who asked not to be identified because the deliberations are private. The discussions first reported last week could still fall apart, and itâs possible that the price or timing changes.
Amazon is in talks to pay almost $9 billion for the business, said the person, who asked not to be identified because the deliberations are private. The discussions first reported last week could still fall apart, and it’s possible that the price or timing changes.
The agreement would bring a vast library of movies and shows to Amazon, which operates the Prime Video streaming service. MGM’s catalog includes the James Bond, Pink Panther, RoboCop and Rocky franchises, as well as films such as “The Silence of the Lambs.”
Amazon and MGM declined to comment.
MGM, currently owned by hedge funds including Anchorage Capital Group, has been seen as a takeover target for years, but was never able to close a sale before. The company made a fresh push last year, when it reportedly hired advisers to seek offers.
Gwalior Dharma Samaj News Akshaya Tritiya provided Munishri with a diet of Ikshu juice naidunia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naidunia.com Daily Mail and Mail on Sunday newspapers.