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May 27th, 2021 By David Knox 5 commentsFiled under: Streaming, Amazon.com Inc has confirmed plans to buy MGM, a lucrative movies and television library for $US8.45 billion ($10.9 billion). The deal aims to bolster Amazon’s television-focused studio with new and historic filmmaking from MGM. MGM, or Metro Goldwyn Mayer, also owns the Epix cable channel and TV properties including Fargo, Vikings, Survivor,  The Handmaid’s Tale, Get Shorty, Clarice, Perpetual Grace Ltd., Condor, Teen Wolf, The L Word and Will & Grace . Amazon founder and outgoing CEO Jeff Bezos, said, “MGM has a vast, deep catalogue of much-beloved intellectual property. “With the talented people at MGM and the talented people at Amazon Studios, we can reimagine and develop that IP for the 21st century.”

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