Amazon Is Said to Discuss Buying Movie Studio MGM for $9 Billion

May 18, 2021, 4:39 PM

Amazon.com Inc. is in talks to buy James Bond movie company Metro-Goldwyn-Mayer, according to a person familiar with the matter, potentially taking one of the last major independent film studios off the market.

Amazon is considering a bid of about $9 billion, said the person, who asked not to be identified because the deliberations are private. Discussions could still fall apart and details such as price may change, the person said. The Information and Variety previously reported on the talks.

An agreement would cap a rush of streaming deals that are set to make 2021 a record year for ...

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