Amazon At Altar With MGM?

Amazon At Altar With MGM?
In the wake of the abrupt $43 billion merger between Discovery and AT&T’s WarnerMedia, rumors are racing that Amazon is poised to scoop up MGM in a deal which is reportedly worth under $10 billion.

Much of this coming from a speculative report in The Information. Deadline separately hears from sources that there’s been a week of talks between the tech giant and the Hollywood studio. MGM declined to comment on rumors, and Amazon did not respond. We’re awaiting more intel at the time of this report.

Rumors have been afloat for years that the 007 studio has been up for sale. Days before Christmas last year, a WSJ report surfaced that MGM had tapped Morgan Stanley and LionTree to explore a sale.

What would Amazon be getting? One of the deepest film libraries, which boasts 177 Oscar wins, 12 Best Picture winners, the James Bond franchise which has grossed over $7 billion in its global B.
See full article at Deadline »

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