Kelly Gilblom and Spencer Soper
May 18, 2021 â 2.21pm
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Amazon.com Inc is in discussions to acquire the nearly century-old Metro-Goldwyn-Mayer movie studio in what would be its biggest push into entertainment yet, according to news reports.
MGM, the storied Hollywood company behind the James Bond series, would help bolster Amazonâs Prime streaming service, the Information and Variety said in separate reports. Amazon is weeks into negotiations to buy the studio for about $US9 billion ($11.5 billion), according to Variety.
MGM and Amazon declined to comment on the report.
MGM is the home of the James Bond series, with Daniel Craig set to reprise the role in this yearâs No Time To Die.Â
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