Amazon buys MGM for $8.45 billion

Amazon has reached a deal to acquire the film and TV company MGM for $8.45 billion, the companies announced today. It’s a significant acquisition for the e-commerce giant, and it means it will own a library of content that’s reported to consist of around 4,000 films and 17,000 hours of TV. The acquisition is likely to help Amazon attract even more big-spending Prime subscribers as its Prime Video service competes with the likes of Netflix and Disney Plus.

Related: Der bisherige AWS-Chef Andy Jassy wird am 5. Juni, dem 27. Jahrestag der Amazon-Gründung, neuer Jeff Bezos Amazon-CEO und damit neuerdings Vorgesetzter von James Bond.

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