Amazon.com closes deal to buy MGM movie studio
Amazon.com Inc on Thursday said it had closed its $8.5 billion deal to buy MGM, combining the fabled moviemaker behind “Rocky” and James Bond with the online retailing giant as it looks to draw consumers through more streaming video.
Netflix’s ‘Squid Game’ estimated to be worth about $900 mln – Bloomberg News
“Squid Game,” Netflix Inc’s (NFLX.O) biggest original series launch, is estimated to be worth almost $900 million for the streaming giant, Bloomberg News reported late on Saturday, citing figures from an internal Netflix document.
Amazon eyes potential stake in Indian film, media businesses; Inox denies report
Amazon.com Inc’s (AMZN.O) India arm is in talks with several domestic players in film and media distribution including cinema chain Inox Leisure Ltd (INOL.NS) for a potential stake, the Indian Express newspaper reported on Tuesday, citing sources.
Amazon snaps up James Bond owner MGM for $8.45 bln as streaming war heats up
Amazon.com Inc (AMZN.O) said on Wednesday it is buying MGM, the fabled U.S. movie studio home to the James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with streaming rivals led by Netflix and Disney+.
