Amazon Closes $8.5 Billion Acquisition of MGM
MGM, founded in 1924, will bring Amazon a catalog of more than 4,000 movies and 17,000 TV shows, including James Bond, Pink Panther and Rocky movie franchises. Amazon believes “the real financial value behind this deal is the treasure trove of [intellectual property] in the deep catalog that we plan to reimagine and develop together with MGM’s talented team,” Hopkins said in announcing the deal last year. – Jennifer Maas, Variety » https://ift.tt/wQxfMOo
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