Amazon snaps up James Bond, owner MGM for $8.45 BLN as streaming war heats up
Amazon.com Inc said that it is buying MGM, the fabled U.S. movie studio home to the James Bond franchise, for $8.45 billion. This gives it a huge library of films and TV shows and ramping up competition with streaming rivals led by Netflix and Disney+. Privately-held MGM, or Metro Goldwyn Mayer, was founded in 1924. This […]