MGM Officially Sold To Amazon

Originally published on Dark Horizons by Garth Franklin

First reported last week, it has now gone past the negotiation stage and the deal is done – Amazon has officially acquired MGM for a purchase price of $8.45 billion.

Through the acquisition, Amazon says they plan to help preserve the heritage of MGM’s near-century-long film and TV library along with providing customers greater access to their existing works.

MGM currently has ownership of over 4000 titles and 17,000 hours of television programming, those works collectively winning

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