A former MGM executive says the studio’s library of content is too old and small for Amazon to not consider licensing out shows and movies.
MGM Studios
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 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.