Amazon is in talks to buy MGM for $9 billion

James Bond, The Handmaid’s Tale, Rocky, Stargate, Robocop, Legally Blonde, Vikings, a historic catalog of films dating back many decades, an array of production and distribution companies, and the content network Epix — these are the things that Amazon might own if it buys storied film giant MGM for billions of dollars in the very near future.

Amazon has reportedly offered $9 billion for the company, according to Variety, following a scoop from The Information earlier in the day that suggested a range of $7-10 billion for a potential deal, and Variety suggests that $9 billion was also the amount that MGM was reportedly hoping to get.

Between those factors, the fact that MGM has been up for sale since December 2020, and the sudden...

Continue reading…