According to people familiar with the matter, the century-old studio – Metro-Goldwyn-Mayer – is in talks with Amazon about a possible acquisition
The studio has been looking for a buyer for quite a while, asking for a $9 billion deal. Behemoths like Apple, Netflix, and Comcast were looking to close a deal, but they floated around $6 billion as price.
Now, if the rumors are true, the transaction would be Amazon’s second-largest. The largest purchase ever made by Amazon was of Whole Foods in 2017 for $13.4 billion. The purchase of MGM could mark a significant step for Amazon’s streaming service, as the studio has a vast catalogue of films and TV shows covering ten decades.
The announcement of the possible acquisition came soon after AT&T revealed that it would merge WarnerMedia with Discovery, paving the way for one of the largest Hollywood studios.
Amazon and MGM’s representatives declined to comment on the matter.
Sources: bbc.com, nytimes.com
Los usuarios / lectores no deben confiar únicamente en la información presentada aquí y deben hacer su propia investigación / análisis leyendo también la investigación subyacente real. El contenido adjunto es genérico y no tiene en cuenta las circunstancias personales, la experiencia de inversión o la situación financiera actual.
Por lo tanto, Key Way Investments Ltd no aceptará ninguna responsabilidad por las pérdidas de los comerciantes debido al uso y el contenido de la información presentada en este documento. Rentabilidades y predicciones pasadas no garantizan resultados futuros.
