SEATTLE and BEVERLY HILLS — As was rumoured last week, Amazon and MGM have entered into a merger agreement under which Amazon will acquire MGM for US$8.45 billion. Still subject to regulatory approval, the transaction will see Amazon acquiring MGM’s vast catalogue of more than 4,000 films and 17,000 TV shows, which include the James Bond franchise of movies and series such as The Handmaid’s Tale, Fargo and Vikings. “MGM has nearly a century of filmmaking history and complements the work of Amazon Studios, which has primarily focused on producing TV show programming. Amazon will help preserve MGM’s heritage and...
