Under the deal, Amazon will acquire the intellectual property rights to roughly 4,000 MGM-produced and distributed films along with thousands of hours of television content.
Amazon Prime Video
Amazon Prime Video is a subscription-based streaming video service and online video rental marketplace owned and operated by Amazon. The service includes Amazon original TV shows and movies, licensed content and access to a handful of partner streaming services like Showtime, Acorn TV and Britbox.
Amazon could announce a deal to acquire Metro-Goldwyn-Mayer (MGM) Studios as early as this week.
Amazon is in advanced discussions to acquire MGM Studios for around $9 billion.
Amazon will begin streaming Thursday Night Football games in 2022, one year earlier than expected.
Three out of four people with an Amazon Prime subscription streamed movies and TV shows through Amazon Prime Video in 2020.
Amazon Prime members and Prime Video subscribers can now purchase Discovery Plus as an add-on to their existing service.
Amazon has managed to attract more than 200 million customers to its Amazon Prime membership program.
The NFL ended months of anticipation when it announced news broadcast and cable distribution deals that cover television rights to its football games.
Technology giant Amazon wants to continue its deal with the NFL after streaming a handful of Thursday night games in recent years.
The popular NFL Sunday Ticket sports package could wind up with a new home in less than two years.