The James Bond, Rocky and RoboCop films at the moment are the property of Amazon. The firm has closed its $8.45 billion takeover of storied film and TV studio MGM.
European Union antitrust regulators unconditionally permitted the deal this week. They decided there wasn’t an excessive amount of overlap between the 2 corporations, and that “MGM’s content cannot be considered as must-have” in contrast with different studios.
Amazon had reportedly given the Federal Trade Commission, which was stated to have been reviewing the buyout, a deadline of mid-March to problem or approve the acquisition. If the company did not file a authorized problem by then, Amazon would have been free to maneuver ahead with the acquisition.
MGM “will complement Prime Video and Amazon Studios’ work in delivering a diverse offering of entertainment choices to customers,” Amazon stated in a press release. The studio has greater than 4,000 movies and 17,000 episodes of TV to its identify, together with 180 Oscars and 100 Emmy Awards. MGM films embody classics akin to Thelma & Louise, The Silence of the Lambs, The Wizard of Oz, The Magnificent Seven and Raging Bull.
Amazon will nonetheless launch James Bond films in theaters as a substitute of hanging onto them as Prime Video exclusives (although it would not be shocking to see Bond studying by the pool with a Kindle in his subsequent outing). It’s possible that the overwhelming majority of MGM films and TV exhibits will wind up on Prime Video following theatrical runs and after agreements with different streaming platforms expire.
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