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Amazon has officially closed an $8.5 billion deal to purchase MGM studios, giving it control of famous movie franchises like Rocky and James Bond.

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MGM is now part of Amazon / Amazon’s monumental entertainment deal is happening By Emma Roth and Richard Lawler Updated Mar 17, 2022, 10:58 AM PDT Image: Metro Goldwyn Mayer Amazon’s purchase of.

That’s ultimately what’s happening with the MGM purchase, and with the conditions on third-party sellers. And that means squeezing its suppliers and competitors, to funnel more and more of those transactions its way.

Why did.It wants to control all economic activity in the United States and the world. 3:51 3-Minute Listen Playlist Download Transcript E-commerce giant Amazon purchased Hollywood studio MGM for $8.5 billion.So how did MGM became the company that it is today?Heard on Morning Edition By Steve Inskeep, John Horn Listen Turns out the lion has been roaring for a long time. The Story Behind… The MGM Logo My journey into stories behind famous movie related things we take for granted continues, this week’s choice is the MGM Logo. Mike Hopkins, senior vice president of Prime Video and Amazon Studios, said: "MGM has a nearly century-long legacy of producing. More recently, they've released House of Gucci. Mgm meansSince MGM was founded in 1924, there are plenty of movies to brag with, starting with the James Bond series, Rocky, The Addams Family, Legally Blonde, and more.