Sunday, April 21, 2024

Amazon May Purchase MGM to Boost Its Media Content

Amazon is considering purchasing MGM in an effort to boost its already impressive TV offerings.

Amazon Prime is one of the leading TV streaming platforms, with some 200 million subscribers. The platform has an impressive list of original content, including BoschThe Man in the High CastleThe Marvelous Mrs. Maisel and more.

According to The Information, via AppleInsider, Amazon is considering acquiring MGM in a bid to further its media library. MGM owns Epix and has a large library of film and TV franchises, such as James Bond, The Handmaid’s Tale, Fargo, Shark Tank and others.

It is unclear how far along the discussions are, so it’s possible nothing will happen. Should a deal be reached, however, it could give Amazon a significant advantage in an increasingly competitive streaming TV market.

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