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Amazon buys MGM in USD 8.45 billion deal
Updated On: 27 May, 2021 07:47 AM IST | Washington | Agencies
Originated in 1924, MGM has nearly a century of filmmaking history and complements the work of Amazon Studios, which has primarily focused on producing TV show programming, the companies said.
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Stills of James Bond and Tomb Raider franchise from MGM catalogue
The movie studio home to the `James Bond` franchise, entertainment company -- Metro Goldwyn Mayer (MGM)-- and Amazon on Wednesday announced a definitive merger agreement under which Amazon will acquire MGM for USD 8.45 billion.
Originated in 1924, MGM has nearly a century of filmmaking history and complements the work of Amazon Studios, which has primarily focused on producing TV show programming, the companies said.
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