The New York Times reported on active buyout negotiations between Amazon and Metro-Goldwyn-Mayer (MGM). Should Amazon buy MGM, the streamer would gain the rights to a number of significant film and TV properties, including James Bond, Rocky, and Robocop.
- Though MGM is reportedly asking for $9 billion from Amazon, Apple and Comcast recently appraised the company at a value of around $6 billion, according to the Times.
- Even at $6 billion, MGM would be the second-largest acquisition in Amazon's history, after its 2017 purchase of Whole Foods for $13.4 billion.
- MGM currently has around 4,000 films in its library; upcoming features include the James Bond adventure "No Time to Die"; the Aretha Franklin biopic "Respect"; Ridley Scott's true-crime drama "House of Gucci"; and Paul Thomas Anderson's untitled '70s-era project starring Bradley Cooper.
- Technically, MGM only owns 50% of the Bond franchise; the rest of the rights are held by Barbara Broccoli and her brother, Michael G. Wilson, through their company, Eon.