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Wednesday, May 26, 2021

Amazon to Buy MGM

 As a long time follower of film and the studios ... this is a very big historical wow.  Its all about content.  True, prime does need a considerable boost.

Amazon to buy MGM for $8 billion in major boost to Prime Video library

Amazon announces purchase, promises "greater access" to historic studio's films.

Jon Brodkin  in Arstechnica

Amazon today announced a definitive agreement to buy MGM (Metro-Goldwyn-Mayer) for $8.45 billion. Amazon said that MGM's filmmaking prowess "complements the work of Amazon Studios, which has primarily focused on producing TV show programming."  ... " 

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