Amazon have agreed terms with MGM’s shareholders for the purchase of the classic Hollywood studio. It has just been announced that Amazon has agreed to buy MGM for $8.45 billion, well above the $5 to $6 billion it was thought to be worth. Mike Hopkins, senior VP of Prime Video and Amazon Studios, said: The […]
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Reports say takeover could be announced later today. Following on for last week’s report that Amazon was close to buying MGM for $9 billion, the Wall Street Journal last night quoted their sources as saying a deal could be announced this week (paywall). According to The Wall Street Journal: The talks between Amazon and MGM […]
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Sources tell Variety that Amazon has been in talks for weeks and may be prepared to pay $9 billion for MGM. An article in Variety reports that Amazon is close to sealing a deal to buy Metro Goldwyn Mayer for $9 billion from a consortium of hedge funds lead by Anchorage Capital Group. The future […]
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Apple and Amazon reported to be in contention for Bond 25 distribution rights according to the Hollywood Reporter. The release of SPECTRE in 2015 saw the end of Sony’s distribution rights for the James Bond series. Starting with Casino Royale (2006), Sony co-financed the Bond films with MGM and acted as distributor in a two film deal that was […]
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The entire series of 23 James Bond films is currently on sale on Amazon for $119.99, a massive discount from the usual $299.99 price tag. Amazon was offering all the Bond movies on Blu-Ray at $99 just a day ago so this price is unlikely to last and it would make a fantastic present for […]
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