Amazon acquires MGM for $ 8.5 billion dollars

In May 2021 it was revealed that Amazon was in negotiations to acquire Metro Goldwyn Mayer , one of the most important studios and producing houses of the last century. In this way, today it was revealed that this process has come to an end with an acquisition that cost $ 8.5 billion.

According to Variety, thanks to this purchase, Amazon now has at its disposal more than four thousand films and 17 thousand episodes of television . This acquisition was approved by the Europe Union, and is not indicated as a monopoly, since its content is not considered essential, and would not generate problems of competitiveness. Although at the moment there is a possibility that the Federal Trade Commission of the United States does not approve the operation, everything seems to indicate that this will not be the case.

This was what Mike Hopkins said, vice president of Prime Video and Amazon Studios, in this regard:

"MGM has a legacy of almost a century of exceptional entertainment production, and we share their commitment to offer a wide range of original films and television programs to a global audience. We welcome employees, creators and talents of MGM to Prime Video and Amazon Studios, and we hope to work together to create even more opportunities to offer quality narratives to our customers. "

On the other hand, these were the declarations of Chris Brearton, Director of Operations of MGM:

"We are excited that MGM and its generosity of legendary iconic marks, movies and television series, and our incredible team and creative partners join the Prime Video family. MGM has been responsible for creating some of the most well-known and acclaimed television films and television series by the criticism of the last century. We hope to continue with that tradition as we move forward in this next chapter, joining us with the great team of Prime Video and Amazon Studios to provide the public the best in entertainment in the years to come. "

While this gives Amazon to movies like Rocky, Apocalypse Now, and many more, the jewel of the crown here is 007. Although many could believe that James Bond is now a property of Jeff Bezos, It is not the case, since Eon Productions continues to have control . However, it is not ruled out that in the future we see more products related to James Bond, as a series for Prime Video.

On related topics, Amazon responds to the controversy of lost ark. Similarly, the offers of the Geek 2022 week have arrived at this store.

Editor's note:

Once again, the world of cinema shrinks. It is still to see that now Amazon with all the properties that are now in his power. Minimum, some of the most iconic films and series will arrive at Prime Video, which is good for your conversation and distribution, the problem will be the new productions.