MGM Studios is now owned by Amazon; Bought for $ 8.45 billion

Leading Hollywood studio Aya MGM Studios is now owned by Amazon. Amazon bought MGM for $ 8.45 billion. With this, Amazon will get MGM’s movies and series. Currently, MGM’s productions are spread across streaming platforms such as Netflix and Disney Hotstar.

The MGM or Metro Goldwyn Meyer was founded in 1924. The Tom and Jerry cartoon series comes to mind when one hears MGM. But MGM has more than 4,000 movies and 17,000 television shows, including James Bond films.

MGM owns 12 movie classics, including Angry Men, Rocky, Raging Bull, The Hobbit, Silence of Lamps, and The Pink Panther. The series Vikings and Fargo were also produced by MGM.

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