Amazon has bought MGM in a blockbuster deal. This helps the movie streaming giant acquire premium franchises like James Bond, Creed, Rocky and others. The deal, which is still waiting for regulatory approval, is valued the studio at $8.45 billion.
BREAKING: Amazon buys MGM for $8.45 billion.
The company's major assets include James Bond, Creed, Rocky and many more. The tech giant will add a big collection of Hollywood classics and potential franchises to its Prime members. pic.twitter.com/zWga5klYaN
— LetsOTT GLOBAL (@LetsOTT) May 26, 2021
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