Amazon Has Officially Purchased MGM for $8.5 Billion

March 18, 2022

The acquisition of MGM Studios by Amazon has been finalized. The news was confirmed by Deadline, with the studio paying a hefty price of $8.5 billion for the privilege of adding an assortment of recognizable, beloved, and award-winning movie and television titles to their roster. The variety of MGM content, which includes the likes of James Bond and Rocky, “will complement Prime Video and Amazon Studios’ work in delivering a diverse offering of entertainment choices to customers,” Amazon said in its announcement.

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