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Amazon is reportedly in talks to buy MGM

Who needs AWS when you've got James Bond?

The Amazon logo on a phone.

Amazon is looking for content.

Amazon is said to be in talks to acquire media company MGM, according to several reports that suggest the deal could be worth around $9 billion.

A deal would give Amazon access to a huge trove of content for its Prime service, most notably the James Bond franchise, and help it in its streaming battle against Netflix. And it would be against a backdrop of wider reordering in the entertainment industry, the most recent example of which is AT&T spinning out WarnerMedia to merge it with Discovery.

The talks were first reported by The Information, which pegged the deal at between $7 billion and $10 billion, and later confirmed by the Financial Times, which named the $9 billion figure.

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