American online trading giant Amazon announced the purchase of a legendary film studio Metro-Goldwyn-Mayer for $ 8.45 billion.
Hollywood Studio, which was founded in 1924, belong to the franchise about James Bond, “Robocop”, “Hobbit”, as well as the TV series “Vikings” and “maid story”. Film studio was looking for a buyer for several months. During the coronavirus pandemic, she suffered huge losses, and she did not have a cutting service that would help earn the sale of content via the Internet, writes the Israeli publication “Details”.
On the other hand, Amazon during a pandemic increased its profits. And the sale of video connector – Stregnating service Prime Video – brings an Internet giant more and more money.
For Amazon Purchase MGM, the catalog of which has more than 4,000 films and 17,000 serials – this is the way to replenish your Prime service a variety of famous entertainment franchises. In addition, Amazon Studio will receive copyrights on many popular characters and will be able to shoot new series about them.
Kino studio itself will continue to work under the Metro-Goldwyn-Mayer and Amazon joint brand.