Reports: Amazon Deal To Buy MGM Studios For $9 Billion Nearly Done
Reports: Amazon Deal To Buy MGM Studios For $9 Billion Nearly Done 1 week ago According to numerous reports Amazon is very close to a deal to buy MGM Studios and its film library for nearly $9 billion with debt. This would significantly alter the streaming wars and give Amazon a huge base of over 4,000 titles, 17,000 hours of TV as well as the Epix pay-TV network. An agreement is expected this week unless their is a last-minute hitch. Some on Twitter have concerns about Amazon’s growing power. Journalist Dan Primack says that a top Amazon exec told him: “We’ll keep doing big deals unt...