Thursday, March 28, 2024
HometechnologyAmazon to buy MGM Studios for $8.45 billion

Amazon to buy MGM Studios for $8.45 billion

  • Amazon is buying MGM Studios for $8.45 billion, the companies announced Wednesday, marking Amazon's most ambitious move yet into the entertainment business.
  • The deal is Amazon's second-largest acquisition. It paid $13.7 billion for Whole Foods in 2017.

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