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Amazon Finally, Officially Owns MGM. Now What?

The Monitor is a weekly column devoted to everything happening in the WIRED world of culture, from movies to memes, TV to Twitter. Amazon now owns James Bond. And RoboCop. And a few Rockys. Yes, nearly a year after it announced its $8.45 billion acquisition of MGM, the everything store finally closed the deal Thursday, saying the classic Hollywood studio “will complement Prime Video and Amazon Studios’ work in delivering a diverse offering of entertainment choices to customers.” No doubt its 4,000 films and thousands of hours of television will…

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Why Amazon is buying MGM holdings and James Bond for $8.45 billion

Update, March 17, 10 am: Amazon’s $8.45 billion deal has closed, and the company announced that MGM will be joining Prime Video and Amazon Studios. Big tech companies have been eyeing big media companies for years — but they’ve never gotten together before. Now it’s finally, probably happening: Amazon is getting ready to pay $9 billion for MGM Holdings, the Hollywood studio that brings you James Bond and a smattering of other stuff, like the Pink Panther movies and The Handmaid’s Tale TV show. Which leads to some questions. Why…

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