Is mgm casino owned by mgm studios

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The announcement was made Wednesday morning by the two companies. Amazon will get the rights to the Golden Age studio's film and television library. But the MGM deal is its biggest move into entertainment. The tech company already runs a film studio, Prime Video streaming service, and video game streaming site Twitch. It's the second-largest acquisition for the company after purchasing Whole Foods. Amazon has made a deal to purchase MGM for $8.5 billion.Įditor's note: Amazon is among NPR's financial supporters.Īmazon has made a deal to buy Hollywood studio MGM for almost $8.5 billion.

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