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21 February, 2026, 11:18 pm
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21 February, 2026, 11:18 pm Central - 25°C Clouds

Amazon reportedly in talks to buy MGM Studios for US $9 billion

Amazon reportedly in talks to buy MGM Studios for US $9 billion

By Naveel Krishant
18/05/2021
[image: BBC]

Amazon is reportedly in talks to buy the historic MGM Studios for US $9 billion.

MGM is one of Hollywood's most famous studios, with its Leo the Lion logo and an almost century-long history.

The sale would give the tech giant's Prime streaming service access to a vast back catalogue of iconic content.

The reports come just hours after telecoms giant AT&T agreed to combine its WarnerMedia unit with Discovery in a deal to create a new streaming giant.

[Source: BBC]

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