Screentime
Amazon Considers Buying Movie Studio MGM for $9 Billion
- James Bond studio would help bolster streaming services
- Potential deal would add to record year for media takeovers
This article is for subscribers only.
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.