Its official folksJeff Bezos will now own James Bond(pending regulatory approval lol).
This is all about intellectual property, baby.
It also has 17,000 TV shows, including popular series like Fargo andThe Handmaids Tale.
Photo: Mladen Antonov/AFP (Getty Images)
Since 2013, Amazons thrown piles of cash at producing its own original content.
Its very exciting and provides so many opportunities for high-quality storytelling.
According toNBC NewsandVariety, the nearly $9 billion deal is a huge victory for MGM as well.
The deal is Amazons second-largest acquisition and its biggest since buying Whole Foods in 2017 for $13.7 billion.
That said, it might not be completely smooth sailing from here.
Amazon will have to convince regulators that the deal doesnt violate antitrust regulations.
The other snag is that the Bond franchise isnt solely owned by MGM.
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