Tuesday, 19 October 2021

Tag Archives: MGM studios

Amazon to buy MGM studios, bolstering streaming ambitions

WASHINGTON: Amazon has agreed to buy the storied MGM studios for $8.45 billion, the companies said yesterday, giving the US tech giant a vast library to further its ambitions in streaming. The deal bolsters Amazon Prime Video, which competes with Netflix and others in the fast-evolving market, with some 4,000 ...

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