Amazon could be close to buying MGM for $9 billion

As confirmed by several industry agents to the American media Variety, Amazon is currently negotiating the purchase of the historic MGM.

The agreement, which would be closed for a figure close to 9 billion dollars, would be being orchestrated by Mike Hopkins, senior vice president of Amazon Studios and Prime Video; and Kevin Ulrich, chairman of the board of directors of MGM. Although both companies have not wanted to make any comments referring to these rumors, the truth is that we know that The studio has been for sale since December 2020.

MGM, the Metro Goldwyn Mayer, has among its main franchises the sagas of James Bond, The Hobbit, Rocky/Creed, RoboCop y Pink Panther, así como 17.000 episodios de Stargate SG-1, Stargate Atlantis, Stargate Universe, Vikings, Fargo, The Handmaid’s Tale, Fame, American Gladiators o Teen Wolf. El estudio también cuenta con varios unscripted en su portfolio como The Voice, Survivor, Shark Tank o The Real Houseweives of Beverly Hills.

Amazon Prime, en crecimiento

Con más de 200 millones de suscriptores a nivel mundial, Amazon Prime Video continúa realizando movimientos para consolidar su presencia en el mercado de las plataformas VOD. La adquisición de MGM podría marcar un antes y un después, así como el reciente fichaje de Jeff Blackburn, who after a period in other companies has returned to Amazon Prime Video to supervise the division of media and entertainment.

Currently, Prime is one of the fastest growing segments in Amazon's business model. In 2020 alone, the company invested 11 billion dollars in television series, movies and music for all media divisions of the company.