Tag Archives: Metro-Goldwyn-Mayer

Amazon agrees to buy iconic MGM film studio for $8.45BN

Amazon is betting that a nearly century-old Hollywood icon can feed an insatiable demand for streaming content. Amazon.com Inc. agreed to buy the Metro-Goldwyn-Mayer movie company for $8.45 billion, a bet that a nearly century-old Hollywood icon can feed an insatiable demand for streaming content. The takeover is Amazon’s biggest …

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