Amazon in talks to buy Hollywood studio MGM for $9bn
by Mark Sweney from Technology | The Guardian on (#5HYXH)
The film company, which owns the James Bond franchise, had held talks with Netflix and Apple
Amazon is in talks to acquire MGM, the Hollywood studio behind the James Bond and Rocky franchises, for $9bn (6.3bn) in the latest deal to secure crown jewel" content in the global battle for streaming supremacy.
MGM, which put itself up for sale in December, is one of the few Hollywood studios with evergreen, must-watch franchises not to have been snapped up in the recent wave of huge mergers and acquisitions in the media industry.
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