Amazon acquires MGM for a large Totality of money
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| Amazon acquires MGM |
It is clear that Amazon is betting on the entertainment field as much as it directs its attention towards the field of e-commerce. Recent reports have revealed that the e-commerce giant Amazon is currently in negotiations with the famous American film production company MGM.
According to a number of American media outlets, citing The Information and Variety, Amazon officials are in serious negotiations with representatives of the famous American film studio MGM in order to acquire it, and MGM is known to have produced many reference films in the history of Hollywood and cinema. International in general, on top of which is James Bond, Rocky, Stargate, Robocop and others movies.
Present negotiations with representatives of the American film studio
The sources say that Amazon proposed to MGM an astronomical sum of up to $ 9 billion in order to acquire it, and according to Variety, $9 billion was the amount it was seeking to reach, and it is clear that the main purpose of Amazon is to acquire MGM.
Is to enhance and strengthen the offer available in its service for live broadcasting and streaming on-demand Prime Video, especially in light of the competition with Netflix.
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