See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

No, Mr. Bond, I expect you to subscribe: Amazon buys MGM for $8.5 billion

Posted on AllSides May 26th, 2021
From The Left

Jeff Bezos, meet James Bond.

Amazon said Wednesday that it has struck a deal to acquire the historic movie studio MGM for $8.5 billion, bolstering its efforts to become a top player in Hollywood.

The deal will give the e-commerce and cloud computing giant a famed studio and catalog of film and television titles to beef up its Amazon Prime streaming service, from the James Bond and "Rocky" franchises to TV series such as “The Handmaid’s Tale” and “Fargo.”

Read full story

AllSides Picks

More News about Business from the Left, Center and Right

From the Left

From the Center

From the Right