Amazon closes deal to acquire Hollywood studio MGM

Amazon logo on a delivery van

An Amazon brand on an Amazon supply van in Boston, on Oct. 1, 2020. (Steven Senne / AP)


Amazon introduced Thursday it has closed its acquisition of Hollywood studio MGM two days after European regulators mentioned the deal "wouldn't considerably scale back competitors" in European markets.


MGM is without doubt one of the oldest studios in Hollywood. The retail big mentioned in a weblog submit Thursday MGM has greater than 4,000 movie titles, 17,000 TV episodes and awards that "will complement Prime Video and Amazon Studios' work in delivering a various providing of leisure selections to clients."


MGM nonetheless has an enormous library, with well-known characters comparable to Rocky, RoboCop and Pink Panther, which Amazon has mentioned it might use to create new films and exhibits.

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