Variety reports that Amazon is one of several tech firms to have shown interest in acquiring MGM and its (now CGI) iconic Leo the Lion logo. The…
Why it matters: MGM, one of Hollywood’s most famous studios, could be acquired by Amazon for $9 billion. Parent company MGM Holdings has reportedly been seeking a buyer since the end of 2020. Should the tech giant close the deal, it will gain access to a movie and TV catalog stretching back nearly 100-years, with titles that include classics Ben-Hur and The Wizard of Oz to James Bond and The Handmaid’s Tale. Variety reports that Amazon is one of several tech firms to have shown interest in acquiring MGM and its (now CGI) iconic Leo the Lion logo.
