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1. www.latimes.com › entertainment-arts › businessWhy Amazon is buying MGM for nearly $9 billion - Los Angeles ...

   www.latimes.com › entertainment-arts › business

   May 26, 2021 · and Wendy Lee. May 26, 2021 Updated 12:43 PM PT. After years of speculation about the merging of Big Tech and Hollywood, Amazon.com Inc. said Wednesday that it is acquiring Metro-Goldwyn-Mayer ...

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3. www.bbc.co.uk › news › business-57249849Amazon buys Hollywood studio MGM for $8.45bn - BBC News

   www.bbc.co.uk › news › business-57249849

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   May 26, 2021 · Amazon has agreed to buy the historic MGM studios for $8.45bn (£5.97bn). MGM is one of Hollywood's most famous studios, having produced classic films such as Some Like It Hot and Singin' In The ...

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5. www.ft.com › content › e13b8ce0-fe99/4143/99cd-af59aAmazon closes $8.45bn deal to acquire film studio MGM

   www.ft.com › content › e13b8ce0-fe99/4143/99cd-af59a

   Mar 17, 2022 · Accessibility help Skip to content. Amazon has closed its deal to acquire film studio MGM after US and European competition regulators declined to block the move, despite growing concern over the ...

6. www.bbc.com › news › business-57249849Amazon buys Hollywood studio MGM for $8.45bn - BBC

   www.bbc.com › news › business-57249849

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   May 26, 2021 · Amazon has agreed to buy the historic MGM studios for $8.45bn (£5.97bn). MGM is one of Hollywood's most famous studios, having produced classic films such as Some Like It Hot and Singin' In The ...

7. www.wired.com › story › amazon-mgm-acquisition-streamingAmazon Will Buy MGM for Over $8 Billion. Your Move, Netflix

   www.wired.com › story › amazon-mgm-acquisition-streaming

   May 26, 2021 · After a week of speculation, today Amazon announced it had indeed made a deal to buy MGM, the studio home of Rocky, RoboCop, and, yes, James Bond. The deal, worth $8.45 billion, is the second ...

8. press.aboutamazon.com › 2021 › 5Amazon and MGM have signed an agreement for Amazon to acquire MGM

   press.aboutamazon.com › 2021 › 5

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   May 26, 2021 · SEATTLE & BEVERLY HILLS, Calif.-- (BUSINESS WIRE)--May 26, 2021-- Amazon (NASDAQ: AMZN) and MGM today announced that they have entered into a definitive merger agreement under which Amazon will acquire MGM for a purchase price of $8.45 billion. MGM has nearly a century of filmmaking history and complements the work of Amazon Studios, which has ...

9. People also ask

   Will Amazon buy MGM?

   • Amazon has agreed to buy the historic MGM studios for $8.45bn (£5.97bn). MGM is one of Hollywood's most famous studios, having produced classic films such as Some Like It Hot and Singin' In The Rain. The sale will give the tech giant's Prime streaming service access to a huge back catalogue of content.

   Amazon buys Hollywood studio MGM for $8.45bn - BBC News

   www.bbc.co.uk/news/business-57249849

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   Are MGM & Amazon working together?

   • “We welcome MGM employees, creators and talent to Prime Video and Amazon Studios, and we look forward to working together to create even more opportunities to deliver quality storytelling to our customers,” said Mike Hopkins, senior vice-president of Prime Video and Amazon Studios, in a blog post published on Thursday morning.

   Amazon closes $8.45bn deal to acquire film studio MGM | Financial Times

   www.ft.com/content/e13b8ce0-fe99-4143-99cd-af59a30bf0cf

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   Is MGM worth $9 billion?

   • Paying nearly $9 billion for MGM represents a significant step up. Hollywood executives have questioned whether MGM was worth the purchase price — valuing it closer to $6 billion. However, Amazon, with a market capitalization of $1.6 trillion, can clearly afford it.

   Why Amazon is buying MGM for nearly $9 billion - Los Angeles Times

   www.latimes.com/entertainment-arts/business/story/2021-05-26/why-amazon-buying-mgm-s-a-watershed-moment-for-hollywood-and-tech

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   What are Amazon's forward-looking statements about the proposed acquisition of MGM?

   • Amazon’s statements related to the proposed acquisition of MGM contain forward-looking statements, including statements regarding expected benefits of the acquisition. Actual results could differ materially from those projected or forecast in the forward-looking statements.

   Amazon and MGM have signed an agreement for Amazon to acquire M…

   press.aboutamazon.com/2021/5/amazon-and-mgm-have-signed-an-agreement-for-amazon-to-acquire-mgm

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   Will MGM's lion continue its storied history with Amazon?

   • Kevin Ulrich, Chairman of the Board of Directors of MGM, said: "I am very proud that MGM's Lion, which has long evoked the Golden Age of Hollywood, will continue its storied history. "The opportunity to align MGM's storied history with Amazon is an inspiring combination."

   Amazon buys Hollywood studio MGM for $8.45bn - BBC News

   www.bbc.co.uk/news/business-57249849

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   What is the Amazon-MGM deal?

   • The Amazon-MGM deal comes within weeks of telecoms giant AT&T agreeing a $43bn deal to combine its WarnerMedia unit with Discovery to create a new streaming giant. The tie-up brings one of Hollywood's biggest studios and Discovery's channels under the same ownership - but also marks the entry of another player into the market.

   Amazon buys Hollywood studio MGM for $8.45bn - BBC News

   www.bbc.co.uk/news/business-57249849

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10. www.hollywoodreporter.com › business › business-newsJeff Bezos Explains Amazon's MGM Purchase: It's About IP

    www.hollywoodreporter.com › business › business-news

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    May 26, 2021 · Jeff Bezos Weighs In on MGM Deal; Andy Jassy to Take Over as Amazon CEO July 5. Bezos also said that the company wanted to buy MGM because of its "vast, deep catalogue of much beloved intellectual ...