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MGM

Amazon buys MGM for $8.45 billion in second largest acquisition to date

Amazon on Wednesday announced that it will acquire film production company Metro Goldwyn Mayer (MGM) for $8.45 billion. The deal marks Amazon’s second-largest acquisition ever behind Whole Foods and will drastically increase the number of film and television titles available on Prime Video.  “The real financial value behind this deal is the treasure trove of […]