Bloomberg Law
May 24, 2021, 9:23 PM

Amazon Deal to Buy MGM Is Said to Come as Soon as Tuesday (2)

Kelly Gilblom
Kelly Gilblom
Bloomberg News
Liana Baker
Liana Baker
Bloomberg News Inc. is poised to announce an acquisition of the Metro-Goldwyn-Mayer movie studio as soon as Tuesday, according to a person familiar with the matter, marking the e-commerce giant’s biggest push yet into Hollywood.

Amazon is in talks to pay almost $9 billion for the business, said the person, who asked not to be identified because the deliberations are private. The discussions -- first reported last week -- could still fall apart, and it’s possible that the price or timing changes.

LISTEN: Bloomberg’s Liana Baker discusses a possible deal with Tom Keene and Paul Sweeney on Bloomberg Radio.

The agreement would bring a vast library of movies and shows to Amazon, which operates the Prime Video ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.