Posted inTech and Telecom
Amazon in Talks to Buy MGM Studio
The iconic U.S. movie studio Metro-Goldwyn-Mayer Studios Inc. a.k.a. MGM was floated in the market in December 2020. Since then, the studio has been in talks with different companies, however, it was not able to finalize a deal. Now, reportedly, Amazon is in talks to acquire the organization for $9 billion. According to previous reports, MGM was hoping to strike a deal for around $7 billion to $10 billion. If the deal goes through, Amazon will get its hands on several classic films dating back many decades. In addition to this, other fan favorites such as James Bond, The Handmaid’s…