Articles about MGM

Amazon’s Twitch, Prime Video, MGM Studios units lay off hundreds

Layoffs are hitting Amazon’s entertainment businesses. Twitch, the industry-leading livestreaming platform Amazon acquired in 2014, is cutting more than 500… Read More

Amazon closes $8.5B MGM deal, its second-largest acquisition ever

Amazon said Thursday that its deal to acquire Hollywood studio MGM, announced in May 2021, has closed. The $8.45 billion… Read More

Surprise: Amazon spent less than $500M on M&A in 2021, one of its lowest totals in recent years

Amazon joined other tech companies in a huge corporate buying spree last year, right? Well, it depends on how you… Read More

Elizabeth Warren says Amazon-MGM deal requires ‘meticulous antitrust scrutiny’ in letter to FTC

In a letter sent to Federal Trade Commission Chair Lina Khan, Sen. Elizabeth Warren asserted that Amazon’s billion-dollar bid for… Read More

Review of Amazon-MGM deal will be led by FTC, now chaired by Big Tech critic Lina Khan

The U.S. Federal Trade Commission — not the Department of Justice — is expected to lead the investigation into Amazon’s… Read More

Podcast

With $8.45 billion MGM deal, Amazon scripts its own Hollywood plot twist

Amazon’s agreement to acquire MGM for $8.45 billion has all the makings of a great script, combining a Hollywood icon… Read More

Bezos, Jeff Bezos, strikes again in billion-dollar bid for Bond and MGM – and social media shoots back

Bezos. Jeff Bezos. Doesn’t quite have the same ring to it as a certain British secret agent’s introduction. But that’s… Read More

Amazon reportedly close to deal to acquire Hollywood studio MGM for almost $9B

Amazon is close to a deal to acquire Metro-Goldwyn-Mayer (MGM) according to a new report in The Wall Street Journal… Read More

Report: Amazon may be looking to buy longtime Hollywood film and TV studio MGM

Amazon’s desire to be an even bigger player in Hollywood could involve the acquisition of MGM, according to an exclusive… Read More

Startup vet Kelly Smith departs Starbucks, joins MGM Resorts as chief digital officer

Kelly Smith is ready for another adventure. The longtime Seattle entrepreneur who most recently helped lead Starbucks’ digital expansion across… Read More