Amazon to Buy MGM Studios, for $8.45 Billion.<br />The tech giant announced the upcoming<br />acquisition on May 26, highlighting its focus <br />on expanding Prime Video and Amazon Studios.<br />The real financial value behind <br />this deal is the treasure trove <br />of IP in the deep catalog.., Senior VP of Prime Video and Amazon Studios <br />Mike Hopkins, via statement.<br />... that we plan to reimagine and develop together with MGM’s talented team, Senior VP of Prime Video and Amazon Studios <br />Mike Hopkins, via statement.<br />Amazon previously created television hits 'Transparent' and 'The Marvelous Mrs. Maisel' alongside critically-acclaimed films 'The Big Sick' and 'Manchester by the Sea.'.<br />The deal is the company’s second-largest after <br />its $13.7 billion purchase of Whole Foods in 2017
