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Amazon makes $US9 billion pitch to buy film studio MGM

Kelly Gilblom and Spencer Soper May 18, 2021 – 2.21pm Save Share Amazon.com Inc is in discussions to acquire the nearly century-old Metro-Goldwyn-Mayer movie studio in what would be its biggest push into entertainment yet, according to news reports. MGM, the storied Hollywood company behind the James Bond series, would help bolster Amazon’s Prime streaming service, the Information and Variety said in separate reports. Amazon is weeks into negotiations to buy the studio for about $US9 billion ($11.5 billion), according to Variety. MGM and Amazon declined to comment on the report. MGM is the home of the James Bond series, with Daniel Craig set to reprise the role in this year’s No Time To Die. 

Amazon in talks to acquire MGM movie studio: reports

Amazon in talks to acquire MGM movie studio: reports Bloomberg Amazon.com Inc is in discussions to buy the nearly century-old Metro-Goldwyn-Mayer (MGM) movie studio in what would be its biggest push yet into the entertainment industry, media reports have said. MGM, the storied Hollywood company behind the James Bond series, would help bolster Amazon’s Prime Video streaming service, The Information and Variety said in separate reports. Amazon is weeks into negotiations to buy the studio for about US$9 billion, Variety reported. People walk past an advertisement for the James Bond movie No Time to Die, whose release has been postponed to October, at the Christiana Mall in Newark, Delaware, on Nov. 19 last year.

Amazon Is in Talks to Buy MGM Movie Studio, the Information Says

Amazon Is in Talks to Buy MGM Movie Studio, the Information Says
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