Why did Amazon acquire the film production company MGM?

The deal detail E-commerce giant Amazon (ticker: AMZN) has confirmed that it will spend US$8.45 billion to acquire film production company MGM Holdings (ticker: MGMB), which is the second acquisition of Amazon in history, second only to Whole Food Market, which was acquired in 2017 for US$13.7 billion. According to data from Parrot Analytics, in … Continue reading “Why did Amazon acquire the film production company MGM?”

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