Amazon could be trying to buy MGM, Metro Goldwyn Mayer (or also known simply as "La Metro") for an amount of between 7,000 and 10,000 million dollars, to incorporate their titles to their collection of Prime Video.
These rumors have not been confirmed by the Seattle firm, but they are not strange. On the one hand, at the end of last year many outlets reported that MGM was looking for a buyer. In December, Variety reported that the film firm had hired Morgan Stanley and LionTree LLC to to advise you in the process of a formal sale.
For another, the streaming industry keeps getting stronger and this case is not the first time that companies in the film and entertainment sector have joined in a giant agreement (let's not forget the merger of AT&T and Discovery Inc. that creates a giant with HBO and Discovery Channel under the same umbrella).
Variety now says that since December, Amazon and the film firm are believed to have started formal talks to reach an agreement. Mike Hopkins, Senior Vice President, Amazon Studios and Prime Video and MGM Chairman Kevin Ulrich have already spoken in person about the future of both companies and about the price of this future decision.
The metro and its 4,000 film titles
This company has a movie library of more than 4,000 titles and 17,000 hours of television programming. MGM has to its credit titles very recognized in the history of cinema such as James Bond, Rocky, The Hobbit, Robocop, The Pink Panther, movies like 'The Silence of the Lambs' or 'Four Weddings and a Funeral'.
On television, La Metro tells with the series 'Stargate', 'Fargo', 'The Handmaid's Tale' or 'Fame'. In Spain, much of the MGM collection is in the Filmin catalog. In November 2020, it was announced that Prime Video in Spain incorporated a new channel: MGM (Metro-Goldwyn-Mayer), where many of its films could be enjoyed for 3.99 euros.