Amazon will acquire MGM for $8. 5B in tech giant’s second-largest deal to boost Bezos’ media empire

Published May 26 2021 at 1:37 PM GMT
  • It’s official: Amazon will buy MGM for $8.45 billion.
  • The Seattle tech giant on Wednesday announced the deal, which would be its second-largest acquisition behind the $13.7 billion purchase of Whole Foods in 2017.
  • The deal is subject to regulatory approval and comes as Amazon faces more antitrust scrutiny.
  • Earlier reports of the deal already drew scrutiny from lawmakers.
  • Purchasing the historic Hollywood studio will be a major boon to Amazon’s growing media arm.



  • Published May 26, 2021 1:37 PM GMT