Apple will regret they didn’t snap up MGM. Today Amazon buys MGM Studios for US$9 billion. There are only few other content outlets of this quality, and prices for all others will go up.
It’s official folks— Jeff Bezos now owns James Bond . After murmurs earlier this week, Amazon announced today that it had acquired MGM in an $8.45 billion deal that will bolster the e-commerce giant’s Hollywood ambitions.
Gizmodo on Amazon buying MGM
Source: Amazon Buys MGM Studios for $9 Billion
The news also appeared on lots of other channels, like The Verge or TechCrunch.