Amazon closes $8.45 billion deal to buy MGM, add 4,000 movies to Prime Video
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Amazon has officially acquired MGM Studios for $8.45 billion — a deal that will bring thousands of movies and TV show episodes to Prime Video.
The deal was first announced in May 2021.
MGM Studios tweeted, “So excited to share that MGM is now part of Prime Video and Amazon Studios.”
Amazon said in a news release, “The storied, nearly century-old studio — with more than 4,000 film titles, 17,000 TV episodes, 180 Academy Awards, and 100 Emmy Awards — will complement Prime Video and Amazon Studios’ work in delivering a diverse offering of entertainment choices to customers.”
Mike Hopkins, senior vice president of Prime Video and Amazon Studios, said, “MGM has a nearly century-long legacy of producing exceptional entertainment, and we share their commitment to delivering a broad slate of original films and television shows to a global audience.
“We welcome MGM employees, creators, and talent to Prime Video and Amazon Studios, and we look forward to working together to create even more opportunities to deliver quality storytelling to our customers.”
“We are excited for MGM and its bounty of iconic brands, legendary films and television series, and our incredible team and creative partners to join the Prime Video family,” said Chris Brearton, chief operating officer of MGM.
“MGM has been responsible for the creation of some of the most well-known and critically acclaimed films and television series of the past century. We look forward to continuing that tradition as we head into this next chapter, coming together with the great team at Prime Video and Amazon Studios to provide audiences with the very best in entertainment for years to come.”
Amazon said that MGM’s catalog includes “franchise favorites such as James Bond, Rocky, and Creed, and classics such as ‘Thelma & Louise,’ ‘The Silence of the Lambs,’ ‘The Magnificent Seven’ and ‘Raging Bull.’”
MGM’s collection also includes “12 Angry Men,” “Basic Instinct,” “Legally Blonde,” “Moonstruck,” “Poltergeist,” “Raging Bull,” “Robocop,” and “Tomb Raider” as well as 17,000 TV shows including “Fargo,” “The Handmaid’s Tale” and “Vikings.”