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Amazon to Buy MGM, Bagging a Lion to Help Wage Streaming Battle
Business, Published on 28/05/2021
» Amazon.com Inc. said it has agreed to acquire the Hollywood studio MGM in a deal that the e-commerce company is betting can jump-start its Prime Video streaming platform and position it to compete with industry heavyweights including Netflix Inc. and Walt Disney Co.
CBS Studio Is Selling for $1.8 Billion
Business, Published on 18/11/2021
» A venture of two real-estate firms has agreed to pay more than $1.8 billion for the historic CBS Studio Center in Los Angeles, say people familiar with the matter, the latest deal in the red-hot studio sector.