SATIS_1170x120_1-25-21

MGM

Amazon to acquire MGM movie studio

Amazon to acquire MGM movie studio

SEATTLE  — Amazon has agreed to acquire the entertainment company MGM in an $8.45 billion deal. Amazon said that the storied film and television studio, with nearly a century of filmmaking history, will complement its own Amazon Studios unit, which is focused on producing TV show programming. Amazon said it will help preserve MGM’s heritage