Entertainment

Amazon closes $8.5 billion MGM purchase order – The Hollywood Reporter

Amazon has completed its $8.5 billion acquisition of MGM, officially bringing the film and television studio into the fold.

The landmark deal was first announced last May, with the company citing MGM’s extensive library as the driving force behind the purchase.

Mike Hopkins, senior director of Prime Video and Amazon Studios, said: “MGM has a nearly century-long legacy of producing exceptional entertainment, and we share their commitment in this regard. delivering a wide range of original movies and TV shows to a global audience”. statement. “We welcome MGM employees, creators, and talent to Prime Video and Amazon Studios, and we look forward to working together to create even more opportunities to bring new stories to life. quality story for our customers.”

More to come.

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