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Official: Amazon acquired MGM Studios for billions of dollars
The studio behind James Bond and thousands of other cinematic classics will merge into Amazon's streaming video, Prime Video, for $ 8.45 billion.
Among the titles purchased in this frame: Rocky movies, "The Angry Bull", "Stargate", "Moon-stricken" and thousands more
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Wednesday, 26 May 2021, 16:17 Updated: 16:25
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Passes with the MGM Lion. James Bond (played by Sean Connery) (Photo: GettyImages)
After reports of advanced negotiations, now comes the official news: Amazon is acquiring MGM Studios for $ 8.45 billion. As part of the deal, Amazon will own MGM content, including James Bond films and thousands of other cinematic classics, such as Rocky, Thelma and Louise films, "Moon-stricken", "The Angry Bull", "The 12 Juries", "Poltergeist", "Silence" The sheep "and more and more. The studios also have a number of intriguing new films, such as the new ones by Ridley Scott and Paul Thomas Anderson.
The bulk of Amazon Prime Video's activity is television, so the acquisition will buy it a huge library that will put it on a par with competing streaming services, ones that have a great cinematic heritage of their own, such as Disney, Paramount and Universal. However, MGM itself has also produced series that are expected to hit the service in the future, including "The Story of a Slave"(After the rights of the parties who have already purchased it expired - Hollow in the United States, Hot in Israel and so on), "Fargo" (ibid.), "Stargate" and others.
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The most important tool for Amazon is intellectual property - the ability to use existing popular brands to expand their universe and create more and more movies and series within them.
As Mike Hopkins, Senior Vice President at Prime Video and Amazon Studios, said in a press release: "The real economic value behind the deal is the treasure trove of intellectual property in the deep catalog, which we plan to rethink and develop together with MGM's talented staff. ".
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