The move is to help boost Amazon’s streaming services to compete against Netflix and Disney+.
“We are excited for MGM and its bounty of iconic brands, legendary films and television series, and our incredible team and creative partners to join the Prime Video family,” MGM’s Chief Operating Officer Chris Brearton said in a statement.
The latest acquisition comes as antitrust regulators scrutinize Amazon for its broader practices and operations. Last week, House lawmakers asked the Justice Department to investigate whether the tech giant and senior executives obstructed Congress or violated other federal laws in testimony on its competition practices.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Amazon closes $8.5B deal to acquire Hollywood studio MGMAmazon plans to draw on the vast MGM library, with famous characters such as Rocky, RoboCop and Pink Panther, to create new movies and shows.
Leer más »
Amazon Finalizes Deal to Acquire MGM for $8.5 BillionThe merger will combine Amazon Studios’ primarily TV-focused brand with MGM, home to legacy franchises including James Bond and ‘Rocky.’
Leer más »
Amazon Closes MGM Deal For Astronomical AmountAmazon has closed their MGM deal for an absolutely absurd amount of money. Both companies [...]
Leer más »
Amazon Closes Deal to Acquire MGMAmazon.com has closed on its $6.5 billion acquisition of the MGM movie and television studio, the company said Thursday, adding 4,000 films including the James Bond franchise and thousands of TV episodes to its holdings.
Leer más »
Amazon Closes $8.5 Billion Acquisition of MGMAmazon has closed its $8.5 billion acquisition of MGM. The film studio, founded in 1924, will bring Amazon a catalog of more than 4,000 movies and 17,000 TV shows, including the James Bond and Rocky movie franchises.
Leer más »
Amazon And MGM Merger CompleteAmazon and MGM announced today their deal has closed. The storied, nearly century-old studio — with more than 4,000 film titles, 17,000 TV episodes, 180 Academy Awards, and 100 Emmy Awards — …
Leer más »