Amazon is acquiring storied Hollywood studio MGM in a deal worth $8.45 billion in a bid to bolster its streaming catalog. Amazon is reportedly negotiating to acquire MGM, the studio behind James Bond and Rocky, for about $9 billion insider@insider.com (Lauren Frias,Grace Dean) 11 hrs ago Amazon has made a deal to buy Hollywood studio MGM for almost $8.5 billion. Jeff Bezos, meet James Bond. The takeover hands it … In a statement Wednesday, the tech giant said they will help preserve MGM… How's this for a movie blockbuster: Amazon has confirmed it will acquire movie studio MGM in a deal worth $8.45 billion. Editor's note: Amazon is among NPR's financial supporters. Amazon is reportedly several weeks into negotiations on a deal to buy MGM, the Hollywood studio behind the “James Bond” franchise, for between $7 billion and $10 billion. Amazon.com Inc. agreed to buy the Metro-Goldwyn-Mayer movie company for $8.45 billion, a bet that a nearly century-old Hollywood icon can … Amazon Buys MGM, Studio Behind James Bond, for $8.45 Billion ‘Army of the Dead’ Viewers Question Dead Pixels on Screens ‘RuPaul’s Drag Race All Stars’ Reveals Season 6 Cast, Premiere Date The deal is … Amazon said Wednesday that it has struck a deal to acquire the historic movie studio MGM for $8.5 billion, bolstering its efforts to become a top player in Hollywood. Amazon said Wednesday it will acquire MGM Studios for $8.45 billion, marking its boldest move yet into the entertainment industry and turbocharging its streaming ambitions..
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