The famed film studio’s Golden Age classics and library from before 1986 is controlled by WarnerMedia, not MGM.
Amazon is reportedly nearing a $9 billion deal to purchase MGM that could come as soon as Tuesday, multiple sources report —but the acquisition still wouldn’t give Amazon users access to most of the legendary studio’s classic titles like The Wizard of Oz and Singin’ in the Rain, as MGM’s library from 1986 and earlier now belongs to Ted Turner and WarnerMedia. $1.2 billion. That’s how much Turner ended up paying for MGM’s pre-1986 library, the Los Angeles Times reported in 1986. Amazon will still get plenty of films from MGM if their deal goes through: In addition to the James Bond and Rocky franchises, the studio’s catalog includes films like The Silence of the Lambs and the Pink Panther and Legally Blonde series, as well as television series like The Handmaid’s Tale, The Voice and The Real Housewives of Beverly Hills.
