Amazon Closes MGM Purchase With Plans to Reimagine the “Treasure Trove of IP in the Deep Catalog”

Originally announced back in May of last year, Amazon has been working out a deal to acquire MGM for a massive $8.45 billion, and we’ve learned today that the deal has closed. The plan? Amazon is looking to do two main things. First, “preserve MGM’s heritage and catalog of films.” And second, we can expect […]

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