Amazon Closes $8.5 Billion Acquisition of MGM


March 17, 2022 | Per Variety:

Amazon has closed its $8.5 billion acquisition of MGM, the companies said Thursday.

The pact was first announced in May and has been winding its way through the regulatory process. Per Amazon, “The storied, nearly century-old studio — with more than 4,000 film titles, 17,000 TV episodes, 180 Academy Awards, and 100 Emmy Awards — will complement Prime Video and Amazon Studios’ work in delivering a diverse offering of entertainment choices to customers.”

Read the full article here: https://variety.com/2022/tv/news/amazon-mgm-merger-close-1235207852/