What Amazon's MGM deal means for James Bond, Rocky, and other franchises

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By Suzana in Business
Updated 3 years ago

Hollywood is buzzing about Amazon's purchase of MGM Holdings and its massive library of movie and TV franchises, which reportedly accounts for approximately 4,000 individual films and 17,000 hours of TV content. To say that it's a big deal is an understatement, as the $8.45 billion deal provides an injection of well-known entertainment properties into Amazon's future plans at a time when Amazon Prime Video has struggled to match the brand recognition of in-house series and movie franchises owned by competitors like Netflix and Disney+.

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