Posted on

James Bond, Meet Jeff Bezos: Amazon Makes $8.45 Billion Deal for MGM



Share

Amazon’s appetite for movies became ravenous during the pandemic. It paid $125 million for the rights to “Coming 2 America,” $80 million for “Borat Subsequent Moviefilm” and $200 million for “The Tomorrow War,” a Chris Pratt adventure that will arrive on Prime on July 2. Amazon also has Oscar ambitions, buying the rights to “Sound of Metal,” which was nominated for best picture and other top awards at this year’s ceremony and won the Oscars for sound and editing.The problem: Amazon Studios has had limited bandwidth, most of which is tied up with television series — including a coming “Lord of the Rings” …

Read More