Amazon to acquire MGM for a purchase price of $8.45 billion - Shopping News

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27/May/2021

Amazon and MGM have entered into a definitive merger agreement under which Amazon will acquire MGM for a purchase price of $8.45 billion — Business Wire's Report

MGM is a leading entertainment company focused on the production and global distribution of film and television content across all platforms.

Through the acquisition, Amazon would empower MGM in the production of storytelling / entertainment content.

MGM will complement the work of Amazon Studios, which has primarily focused on producing TV show programming.

Amazon will help preserve MGM’s heritage and catalog of films, and provide customers with greater access... businesswire.com

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