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Search Result for “talks”

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BUSINESS

Amazon's Planned Purchase of MGM Faces FTC Scrutiny

Business, Published on 24/06/2021

» The Federal Trade Commission will be the agency to review Amazon.com Inc.'s proposed acquisition of Hollywood studio MGM, according to people familiar with the matter, just as the commission gets a new chairwoman who has been critical of the online giant's expansion.

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BUSINESS

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.