Amazon roars for MGM's lion, paying $8.45 bln for studio behind James Bond and Rocky
By Hernandez in Business
Updated 3 years ago
Amazon.com Inc (AMZN.O) said on Wednesday it is buying MGM, the fabled U.S. movie studio home to the James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with streaming rivals led by Netflix and Disney+. The deal aims to...