Amazon in talks to buy MGM Studios for $9bn
Amazon’s interest in acquiring MGM has taken on a new tenor beyond the usual rumor mill. The deal is said to be orchestrated by Mike Hopkins, the senior VP of Amazon Studios and Prime Video, and MGM board chairman Kevin Ulrich. https://t.co/6WF1tKVqGJ
- Variety (@Variety) May 17, 2021
* Amazon is reportedly in talks to buy MGM, the vaunted film studio that was a staple of Hollywood's Golden Age;
* MGM’s iconic logo of a roaring lion has played before tons of classic films, including the “James Bond” series, and the studio could be valued at between $7 billion and $10 billion;
* Amazon Negotiating Deal to Acquire MGM for $9 Billion.
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