Amazon is close to closing a deal to buy Metro-Goldwyn-Mayer Studios Inc. and its entire media library. If the deal goes through for the purported price tag of $9 billion (the deal is currently in the ...

Amazon has nabbed a lion in winter. The retail and entertainment giant announced Wednesday that it would acquire MGM, the storied movie studio for $8.5 billion, giving them the keys to franchises like ...

Amazon has closed its $8.45 billion acquisition of Metro-Goldwyn-Mayer Studios as it looks to boost its streaming service offerings to compete with entertainment rivals Netflix and Disney. The move ...

The goal of the Metro, Goldwyn and Mayer deal in April 1924 was to eliminate production overlap between the companies, pooling resources to create "more pictures and better pictures." By Chris Yogerst ...

Amazon is reportedly in talks to purchase Metro-Goldwyn-Mayer (MGM). The Information reported that the technology-consumer goods-entertainment conglomerate is considering purchasing MGM, a film studio ...

Metro-Goldwyn-Mayer reported strong fourth quarter earnings Wednesday and said its ability to sign production deals has not been hurt by reports that the venerable studio is for sale. Net income more ...

LOS ANGELES (AP) -- Struggling Hollywood studio Metro-Goldwyn-Mayer Inc. is turning to a restructuring expert who has helped businesses from energy to doughnuts to help it dig out from billions in ...