Amazon roars for MGM's lion, paying $8.45 billion for studio behind James Bond and Rocky
https://www.reuters.com/article/us-mgm-m-a-amazon-com/amazon-roars-for-mgms-lion-paying-8-45-billion-for-studio-behind-james-bond-and-rocky-idUSKCN2D71IN
(Reuters) -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+.
Amazon roars for MGM's lion, paying $8.45 billion for studio behind James Bond and Rocky
May 26, 2021, 4:41pm UTC
https://www.reuters.com/article/us-mgm-m-a-amazon-com/amazon-roars-for-mgms-lion-paying-8-45-billion-for-studio-behind-james-bond-and-rocky-idUSKCN2D71IN
>(Reuters) -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+.