• Advertisement
  • Press Release
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
Worlds Leaders
  • Home
  • Magazine
  • Articles
  • News
  • Industry
    • Ad Agencies
    • Aerospace
    • AgTech
    • Automotive
    • Aviation
    • Banking & Insurance
    • BioTech
    • Capital Markets
    • Casino
    • Construction
    • Consumer Packaged Goods
    • Contact Centers
    • Defense
    • E-Commerce
    • Education
    • Energy
    • FinTech
    • Food
    • Healthcare
    • Latin America
    • Law Enforcement
    • Legal
    • Logistics
    • Manufacturing
    • Marine
    • Media & Entertainment
    • Metals & Mining
    • Mortgage
    • Naval Tech
    • Non Profit Technology
    • Oil & Gas
    • Pharma & Life Sciences
    • PropTech
    • Public Sector
    • Retail
    • Tech African
    • Tech Startup
    • Telecom
    • UAE
    • Utilties
  • Brands
  • About Us
  • Home
  • Magazine
  • Articles
  • News
  • Industry
    • Ad Agencies
    • Aerospace
    • AgTech
    • Automotive
    • Aviation
    • Banking & Insurance
    • BioTech
    • Capital Markets
    • Casino
    • Construction
    • Consumer Packaged Goods
    • Contact Centers
    • Defense
    • E-Commerce
    • Education
    • Energy
    • FinTech
    • Food
    • Healthcare
    • Latin America
    • Law Enforcement
    • Legal
    • Logistics
    • Manufacturing
    • Marine
    • Media & Entertainment
    • Metals & Mining
    • Mortgage
    • Naval Tech
    • Non Profit Technology
    • Oil & Gas
    • Pharma & Life Sciences
    • PropTech
    • Public Sector
    • Retail
    • Tech African
    • Tech Startup
    • Telecom
    • UAE
    • Utilties
  • Brands
  • About Us
Worlds Leaders

Amazon Completes $8.5 Billion MGM Transaction, Adding Blockbusters to Its Platform

The businesses announced Thursday that Amazon’s $8.45 billion acquisition of MGM is complete, and the studio is now part of the ecommerce giant, marking the second-largest acquisition in Amazon’s history and bringing thousands of films and television episodes to its platform.

Amazon bought MGM in May 2021, but the transaction was pending approval from federal officials.

The firms announced the deal’s completion on Thursday, after a mid-March deadline for the Federal Trade Commission to file complaints against it passed without the commission submitting any.

On Tuesday, European officials authorised the acquisition, stating that it would not raise antitrust issues.

According to the companies, the agreement provides access to over 4,000 movies and 17,000 television episodes.

Amazon and MGM did not announce when the studio’s programming will begin to surface on their platforms on Thursday. When that happens, Amazon users will have access to MGM-owned content such as the James Bond and Rocky franchises, films such as The Silence of the Lambs and the Pink Panther and Legally Blonde series, and television shows such as The Handmaid’s Tale, The Voice, and The Real Housewives of Beverly Hills.

Amazon’s $8.5 billion MGM deal is approved by the EU, which states that the studio’s content “cannot be considered a must-have.”

Share196Tweet123Share34Pin44

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


World’s Leaders Magazine is a Media Company that covers stories of business leaders around the globe. Consistent updates to our online publication, internet based life and master sentiment give a substance rich pursuing knowledge loaded up with fascinating perspectives and remark on the issues of the worldwide business. World’s Leaders Magazine inspires readers and users to think beyond traditional boundaries, lead conversations and create Read More…

Recent News

FTX says no active talks to buy Robinhood

FTX says no active talks to buy Robinhood

JetBlue Refuses to Give up Its Quest for Spirit Airlines

JetBlue Refuses to Give up Its Quest for Spirit Airlines

Amazon Offers to Share Data, Boost Rivals to Dodge EU Antitrust Fines

Amazon Offers to Share Data, Boost Rivals to Dodge EU Antitrust Fines

Coming Soon

© Copyright 2022, World's Leaders Media Tech LLC. | All Rights Reserved.
No Result
View All Result
  • Home
  • Magazine
  • Articles
  • News
  • Industry
  • Brands
  • About Us

© Copyright 2022, World's Leaders Media Tech LLC. | All Rights Reserved.