Amazon.com acquires Metro-Goldwyn-Mayer (MGM)

Amazon.com acquired Metro-Goldwyn-Mayer (MGM) for $8.45 billion, a transaction completed in March 2022, structured as all cash.

Metro-Goldwyn-Mayer (MGM) operates in Entertainment / Prime Video & Amazon Studios, is based in Beverly Hills, California, USA. Amazon acquired the film and television studio MGM, gaining a library of thousands of films and TV episodes plus franchises such as James Bond. MGM's catalog and production talent were folded into Prime Video and Amazon Studios to deepen Amazon's original-content pipeline. The deal was announced in May 2021 and closed in March 2022.

Acquire a deep catalog of intellectual property that Amazon can reimagine and develop alongside MGM's production team to strengthen Prime Video.

The real financial value behind this deal is the treasure trove of IP in the deep catalog that we plan to reimagine and develop together with MGM's talented team.Mike Hopkins, SVP of Prime Video and Amazon Studios

Advisory firms were not disclosed for this transaction.

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