Amazon to Buy MGM for $8.45 Billion, Gaining Access to Vast Trove of Titles Like ‘Rocky’ and ‘James Bond’

By Tom Ozimek Amazon has sealed a deal to snap up Metro Goldwyn Mayer (MGM) for $8.45 billion, the two companies announced in a joint statement Wednesday, with the acquisition being Amazon’s second-biggest ever and the company’s boldest foray yet into the entertainment industry. With the acquisition, which is subject to regulatory approvals and other customary […]

Enable Notifications    OK No thanks