Politics

Amazon closes in on MGM studios in multibillion dollar deal


Amazon is closing in on purchasing movie and television studios MGM, according to Sky News Business Editor Ross Greenwood.

The company is looking to pay $US 8.5 billion for the studios and the back catalogue – including the lucrative ‘James Bond’ franchise. 

Amazon’s acquisition means they are now large enough to take on media conglomerate Disney.

Amazon is closing in on purchasing movie and television studios MGM, according to Sky News Business Editor Ross Greenwood.

The company is looking to pay $US 8.5 billion for the studios and the back catalogue – including the lucrative ‘James Bond’ franchise.

Amazon’s acquisition means they are now large enough to take on media conglomerate Disney.
Amazon is closing in on purchasing movie and television studios MGM, according to Sky News Business Editor Ross Greenwood.

The company is looking to pay $US 8.5 billion for the studios and the back catalogue – including the lucrative ‘James Bond’ franchise.

Amazon’s acquisition means they are now large enough to take on media conglomerate Disney.

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