Amazon in talks to buy film studio MGM


Amazon hq NY lobby

LOS ANGELES: Amazon.com Inc is in discussions to acquire the nearly century-old Metro-Goldwyn-Mayer movie studio in what would be its biggest push into entertainment yet, according to news reports.

MGM, the storied Hollywood company behind the James Bond series, would help bolster Amazon’s Prime streaming service, the Information and Variety said in separate reports. Amazon is weeks into negotiations to buy the studio for about US$9bil (RM37bil), according to Variety.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
MGM , Amazon , media , buy ,

Next In Business News

ETA Group to dispose of stakes in two subsidiaries for RM22.73mil
Insas proposes disposal of up to 218 million Inari shares
Kawan Renergy posts RM2.04mil net profit in 3Q
MediAsas DRG pricing framework built on RM4.8bil in hospital billings
Astino’s FY26 net profit rises 44% on stronger export margins
Ringgit closes higher against US dollar despite fed rate hike expectations
Kinergy Advancement proposes private placement to raise up to RM79.75mil
MISC, Yinson Legacy and EPF continue talks on Yinson privatisation at RM2.35 a share
Favelle Favco secures RM88.8mil offshore crane orders
TSH Resources’ Indonesian unit fined RM42mil by forest enforcement task force

Others Also Read