In the wake of the surprise $43 billion merger between Discovery and AT&T’s WarnerMedia, rumors are racing that Amazon is poised to scoop up MGM in a deal which is reportedly worth under $10 billion.Much of this coming from a speculative report in The Information.
Deadline separately hears from sources that there’s been a weeks of talks between the tech giant and the Hollywood studio that included sales presentations.
MGM declined to comment on rumors, and Amazon did not respond. We’re awaiting more intel at the time of this report.Rumors have been afloat for years that the 007 studio has been up for sale.
Days before Christmas last year, a WSJ report surfaced that MGM had tapped Morgan Stanley and LionTree to explore a sale. At the time,
Read more on deadline.com
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