Amazon MGM Studios
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MGM Holdings, Inc. was an American holding company based in Beverly Hills, California. It was launched on February 11, 2005, by a creditor-oriented consortium and the former parent company of Metro-Goldwyn-Mayer (from which the "MGM" initials were coined).
Mar 17, 2022 · The tech giant has closed its $8.5 billion deal to acquire MGM, the home of the Bond franchise and one of the most iconic movie studios in Hollywood history, Amazon announced Thursday.
- 3 min
May 26, 2021 · In a landmark mega deal, Amazon is acquiring MGM Holdings — whose storied studio boasts one of the largest film and TV libraries — in a bid to turbocharge its Prime membership offering to...
- Erik Hayden
Mar 17, 2022 · Update, March 17, 10 am: Amazon’s $8.45 billion deal has closed, and the company announced that MGM will be joining Prime Video and Amazon Studios.
MGM's creditors control MGM through MGM Holdings, a private company. New management of its film and television production divisions was installed. The creditors have since contracted Morgan Stanley and LionTree Advisors to explore a sale.
Mar 16, 2022 · Amazon.com, Inc. (NasdaqGS:AMZN) entered into a definitive merger agreement to acquire MGM Holdings Inc. (OTCPK:MGMB) for $8.5 billion, including MGM's debt, on May 26, 2021. Amazon expects to fund the acquisition with cash on hand.
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Dec 14, 2023 · Metro-Goldwyn-Mayer (MGM) is a leading entertainment company focused on the production and global distribution of film and TV content across all platforms.
