After Netflix and Apple last year, it’s Amazon’s turn to show interest in MGM’s catalog of films and series. This Hollywood studio owns the franchises of James Bond, from Rocky or even Robocop.
According to Variety and The Information, Amazon would have offered $ 9 billion to the American company. A tidy sum which would correspond precisely to the amount desired by the investment firm Anchorage Capital which owns the MGM.
What to expand the catalog
By offering the MGM catalog which still includes more than 4,000 films and 17,000 episodes of series, Amazon could easily expand the offer of its streaming platform, Amazon Prime Video. One way for the e-commerce giant to attract new subscribers, but also to build customer loyalty. Enough to stay the course in the face of ever fiercer competition.
One thing is certain, Amazon intends to stay at the top of the ranking of streaming services. The American giant has indeed recently created a new division dedicated to entertainment. The American firm continues to invest more and more money to produce exclusive content. It remains to be seen whether the talks between MGM and Amazon will lead to a deal.