This dip in 2020 revenue has reportedly caused MGM to focus more on its video streaming content, where viewers can watch from home.
MGM Holdings Inc. is looking to sell its library of content, according to a recent report by the Wall Street Journal.
MGM has produced and distributed a number of high profile series in the past, including the historical drama Vikings and Hulu’s The Handmaid’s Tale.
If MGM can produce a slate of highly popular original series in 2021, then a lucrative sale could potentially be in their future.
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