- Amazon is buying MGM for $8.45 billion, the companies announced on Wednesday.
- From James Bond to “The Handmaid’s Tale,” MGM is getting a massive trove of movies and TV.
- These are the highlights of the blockbuster acquisition.
- Visit the Business section of Insider for more stories.
Amazon just dropped $8.45 billion to buy MGM Studios, the decades-old film studio that owns rights to some of the biggest movies and TV shows in the world.
In the press release announcing the deal, Amazon pointed to the “vast catalog” of “more than 4,000 films” and “17,000 TV shows” as the reason for the purchase – assuredly intended to bolster Amazon’s Prime video streaming service.
So, what’s Amazon getting for nearly $8.5 billion?
The decades-long catalog of James Bond films is among the “more than 4,000” films Amazon is buying, in addition to classic movies like “12 Angry Men,” “Silence of the Lambs,” “Thelma & Louise,” “Midnight Cowboy,” “Fiddler on the Roof,” “Dances with Wolves,” and “Raging Bull.”
Another major franchise Amazon gets in the deal: “Rocky,” as well as the more recent “Creed” films.
And that’s just movies.
In terms of television, Amazon’s getting more recent classics, like “Fargo,” “The Handmaid’s Tale,” and “Vikings.”
Beyond the titles specifically noted by Amazon, there are countless others that belong to the MGM Holdings catalog – though it’s not completely clear which movies and TV shows have rights split up between several companies.
MGM Holdings includes MGM Television, for instance, which counts “The Real Housewives” franchise among its titles. An MGM rep confirmed that “The Real Housewives” franchise is part of the deal, as well as “The Voice,” “Shark Tank,” and “Survivor.”
What we know for sure isn’t included in the deal is the vast library of MGM films from prior to 1986, which are controlled by Turner Entertainment Company.
Beyond what’s listed above, Amazon’s press release included “Basic Instinct,” “Legally Blonde,” “Moonstruck,” “Poltergeist,” “Stargate,” “Tomb Raider,” The Magnificent Seven,” The Pink Panther,” and “The Thomas Crown Affair” among the movie rights it acquired in the deal.
Amazon and MGM representatives were unable to clarify the full list of acquired movie and TV rights in the deal.
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