In mid-May of last year we learned that Amazon was negotiating with Metro Goldwyn Mayer to acquire all of its movies, series and other content. The approval of the European Union was lacking and now it has become official: Amazon has just closed the purchase of MGM for 8,500 million dollars.
A Historical movement in which Amazon Prime Video has achieved a hundred years of cinema dealing a heavy blow to the table and putting Netflix and other rivals on alert. Mainly because the legendary studio MGM has a legacy of movies where we find the James Bond licenses, Rocky… More than 4,000 movies and 17,000 television series to feed the Prime Video catalog. The approval of all the regulatory processes was lacking and finally it has been so, so the entire MGM catalog passes into the hands of the online sales giant.
«MGM has a nearly century-long legacy of producing exceptional entertainment, and we share its commitment to bringing a wide range of original movies and television shows to a global audience.”, said Mike Hopkins, senior vice president of Prime Video and Amazon Studios at the press release they have published. «We welcome MGM employees, creators and talent to Prime Video and Amazon Studios, and look forward to working together to create even more opportunities to deliver quality storytelling to our customers.”
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MGM becomes owned by Amazon Studios
So excited to share that MGM is now part of Prime Video and Amazon Studioshttps://t.co/M3eR5C0kjJ
— MGM Studios (@mgmstudios) March 17, 2022
As we have indicated before, the MGM catalog includes sagas as iconic as James Bond or Rocky. And now that they become the property of Amazon, the company founded by Jeff Bezos will not only be able to feed the Prime Video catalog with all these movies and series, but will also be able to produce Amazon Originals, or what is the same: movies or series. based on these contents. For example, we could see a series of James Bond in the future…
«We’re excited for MGM and its bounty of iconic brands, legendary movies and TV series, and our amazing team and creative partners to join the Prime Video family.“, said Chris Brearton, MGM’s chief operating officer. «MGM has been responsible for creating some of the best-known and most critically acclaimed movies and television series of the last century. We look forward to continuing that tradition as we move into this next chapter, reuniting with the great team at Prime Video and Amazon Studios to bring audiences the best in entertainment for years to come.”
Of course, it should be remembered that all agreements prior to the purchase must continue to be maintained. In this way, not all the contents will be available from the beginning. If, for example, Movistar Plus + currently offers Rocky movies, so until the agreement signed by the blue operator at the time ends, Amazon Prime Video Spain will not be able to offer these movies in its catalog. YFilmin has another agreement signed with MGM to offer his films…
Anyway This is one of the best news for Amazon Prime Video customers, since very soon you will be able to enjoy a complete catalog of movies, series and documentaries. Of course, we have been hearing rumors for a long time about the possibility of Amazon Prime raising its rates in Spain, since they are significantly below other countries. And seeing the investment that the company founded by Jeff Bezos has just made, we will have to be attentive since at any time they can announce a rise.
