Amazon bought MGM for $ 8,45 billion

Amazon reached an agreement for the acquisition of the film and television company MGM for 8,45 billion dollars, according to the announcements of the two companies.

It is an important one της Amazon γιατί από σήμερα διαθέτει μια βιβλιο περιεχομένου που αναφέρεται ότι αποτελείται από περίπου 4.000 and 17.000 hours of television shows.

mgm logo xl

The acquisition is likely to help Amazon attract even more Prime subscribers, as the Prime Video service rivals Netflix and Disney Plus.

MGM is perhaps the most famous Hollywood studio with the James Bond and Rocky film franchises, and the library contains everything from classic films like 12 Angry Men to modern TV shows The Handmaid's Tale and Vikings. Amazon says the acquisition will "provide its customers with greater ” to MGM projects and will “empower” the studio to continue its “great storytelling”.

MGM is currently owned by a group of private companies, including Anchorage Capital Group, Highland Capital Management and Solus Alternative Asset Management.

The sale of MGM takes place during a period of Hollywood integration, as companies seek to strengthen their content libraries to compete with Netflix and Disney.

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Written by giorgos

George still wonders what he's doing here ...

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