Yahoo Finance's Brian Cheung reports Amazon has closed its $8.5 billion deal to buy Hollywood studio MGM. Read More...
The Hill
Amazon closes MGM acquisition
Amazon on Thursday announced it has completed its $8.45 billion purchase of MGM, massively expanding the e-commerce giant’s streaming media collection.”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 deliver quality storytelling to our customers,” Amazon senior vice president Mike Hopkins said in a statement.The acquisition, which was…
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