A huge factor in Amazon’s decision to purchase MGM was the wealth of content it would be able to bring to its streaming platform, Amazon Prime Video.
A bit over a year ago, prolific movie studio MGM announced that it was looking into a potential sale, and Amazon stepped up as a potential buyer.
In May of 2021, Amazon went public with its finite decision to purchase the studio known for its James Bond and Rocky franchises.
Mike Hopkins, senior vice president of Prime Video and Amazon Studios, plans on incorporating MGM’s current roster of employees and talent into Amazon’s current setup.
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