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May 26, 2021 02:25 pm GMT

Amazon buys Hollywood legend MGM for $8.5bn

In today's consolidation-and-blandification-of-media news, Amazon will buy film studio MGM for $8.5bn. In other news, the studio behind many of the 20th century's greatest movies is worth about four Star Warses.

The tech company already runs a film studio, Prime Video streaming service, and video game streaming site Twitch.

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Original Link: https://boingboing.net/2021/05/26/amazon-buys-hollywood-legend-mgm-for-8-5bn.html?utm_source=rss&utm_medium=rss&utm_campaign=amazon-buys-hollywood-leg

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