Amazon Prime Video to Get Thousands of Movies & TV Shows With MGM Purchase

MGM is now officially the property of Amazon. On Wednesday morning, Amazon announced that it had acquired MGM in a deal worth about $8.4 billion, marking yet another purchase of a studio by a larger tech company. There are quite a few questions from movie fans everywhere that will likely go unanswered in the short term, but we do know that this movie will provide a pretty substantial boost to Amazon's Prime Video streaming platform, with thousands of classic titles now part of Amazon's library of assets.