Amazon Buys MGM For $8.45 Billion; James Bond, Creed, Rocky Franchises Are Major Assets
Amazon has bought MGM for $8.45 million. Now the streaming giant owns worldwide hit franchises like James Bond, Rocky, Creed and others. The tech giant will add a big collection of Hollywood classics and potential franchises to its Prime members.
Amazon has bought MGM in a blockbuster deal. This helps the movie streaming giant acquire premium franchises like James Bond, Creed, Rocky and others. The deal, which is still waiting for regulatory approval, is valued the studio at $8.45 billion.
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