Amazon Said To Be Near Deal To Buy MGM For $9 Billion – Report

Amazon Prime Video has scored what it described as a “historic” deal to stream Ligue 1 soccer in France, meaning it will be the destination to watch teams including Paris Saint-Germain and Lille.

California Gov. Gavin Newsom said that there was no conflict of interest between his administration and his wife Jennifer Siebel Newsom’s filmmaking work, following a Sacramento Bee report that donors to her nonprofit also were companies that have lobbied his administration.

Amazon is buying MGM, the movie and TV studio behind James Bond, “Legally Blonde" and “Shark Tank," with the hopes of filling its video streaming service with more stuff to watch.Amazon is paying $8.45 billion for MGM, making it the company's second-largest acquisition after it bought grocer Whole Foods for nearly $14 billion in 2017.The deal is the latest in the media industry that's aimed at boosting streaming services to compete against Netflix and Disney+.

Much of the coverage of Amazon’s $8.45B deal to acquire MGM has focused on the company’s film attributes and the impact on theatrical distribution.

Jeff Bezos is ready for Amazon to get its hands on MGM’s extensive library, which the tech giant just bought for $8.45 billion on Wednesday.“The acquisition thesis here is really very simple: MGM has a vast deep catalogue of much beloved intellectual property. With the talented people at MGM and the talented people at Amazon Studios, we can reimagine and develop that IP for the 21st century.

Amazon CEO Jeff Bezos said the reason the tech giant acquired MGM is simple – it’s trove of beloved content.

on the verge of completing an acquisition of MGM. The reported price tag was $9 billion.

After months and weeks of speculation, Amazon and MGM are merging in a deal that has the e-commerce giant acquiring the storied studio $8.45 billion.

Amazon is in negotiations to buy Metro-Goldwyn-Mayer in a deal that could reach $9 billion. Their shock comes from a belief that the price tag severely overvalues the studio behind James Bond, the Pink Panther and “Legally Blonde.”Other companies have kicked the tires on MGM at various points during a stop-and-start sales process that has been dragging on for months.

We’ve said it a million times over the past few years, but in the ongoing Streaming Wars, the best ammunition you can have when trying to fight your way to the top of the platform battle is exclusive content. The best way to do this is with strong original content, as Netflix has done over the past decade or so.

Amazon is weeks into negotiations on a deal to acquire MGM for about $9 billion, industry sources tell Variety.Chatter that Amazon (and other tech giants) have been sniffing around MGM has circulated for some time. But sources indicated that Amazon’s interest in acquiring the studio has taken on a new tenor beyond the usual rumor mill.

The Information reported the deal could be anywhere between $7 and $10 billion.If a sale were to happen, it would represent Amazon’s biggest play in the content game after years of speculation that the retail giant was in the market for acquisitions.

Robert De Niro was left in "excruciating" pain after tearing his quad muscle earlier this month. The 77-year-old actor had to fly home to New York from Oklahoma, where he had been shooting Martin Scorsese's new thriller Killers of the Flower Moon, after suffering the injury off set.

Robert De Niro is on the mend after suffering a serious leg injury on set. De Niro, 77, hurt one of his quad muscles while filming Martin Scorsese's "Killers of the Flower Moon" in Oklahoma.

Robert De Niro is opening up about his recent injury and how he hurt himself.