Amazon has closed its $8.5 billion acquisition of MGM, the company announced on Thursday. The completion of the transaction will see more than 4,000 films and 17,000 TV shows become a part of Prime Video, the online retailer’s streaming service.
The list includes the “James Bond” and “Rocky” series and classics ranging from “Fargo” to “Robocop” to “Silence of the Lambs.” The new titles will give Prime Video a leg up against rivals like Netflix, Hulu and HBO Max.
The deal, which was first announced last May, received clearance from the European Union’s antitrust regulator two days ago. The regulator found that the deal wouldn’t significantly reduce competition because Amazon and MGM have limited overlaps. Amazon has also moved forward with the transaction after the mid-March deadline for the U.S. Federal Trade Commission to challenge the merger expired.
“MGM has a nearly century-long legacy of producing exceptional entertainment, and we share their commitment to delivering a broad slat …
