Studies: Amazon in talks to obtain MGM in $9bn deal

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  • Amazon is reportedly in talks to obtain MGM in a deal which may be value $9 billion.
  • The deal would see High Video doubtlessly gaining a ton of content material.

Amazon has been pushing High Video laborious lately, increasing to quite a few new locales and coughing up best greenback for brand new content material. Now, it seems like the corporate is able to make a large acquisition to strengthen its video streaming provider.

Selection stories that Amazon is in talks to obtain media corporate MGM for kind of $9 billion, mentioning “business assets.” The deal is it sounds as if being led via Amazon senior vice-president for Amazon Studios and High Video Mike Hopkins and MGM board chairman Kevin Ulrich.

This isn’t the one outlet to hide a possible deal between the two firms this week, as (*7*)The Knowledge (paywall) additionally reported on a possible acquisition the previous day. The e-newsletter claims {that a} deal may just price between $7 billion and $10 billion.

Amazon would acquire numerous content material via obtaining MGM, as the corporate’s library comprises films just like the James Bond franchise, Rocky/Creed, and The Hobbit franchise. It additionally has a variety of TV presentations in its library, together with The Handmaid’s Story, the Stargate franchise, Vikings, Survivor, and extra.

Do you assume Amazon will have to achieve MGM at $9 billion? Tell us via vote casting within the ballot under. Differently, you’ll be able to take a look at our rundown of the (*10*)absolute best unique presentations on High Video.

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