Amazon snaps up James Bond owner MGM for $8.45 billion as streaming war heats up

Amazon snaps up James Bond owner MGM for $8.45 billion as streaming war heats up

3 years ago
Anonymous $LNMzUc6XNz

https://www.reuters.com/article/us-mgm-m-a-amazon-com/amazon-snaps-up-james-bond-owner-mgm-for-8-45-billion-as-streaming-war-heats-up-idUSKCN2D71IN

Amazon.com Inc said on Wednesday it is buying MGM, the fabled U.S. movie studio home to the James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with streaming rivals led by Netflix and Disney+.

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