Bulletins

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.

Photo by Christian Wiediger on Unsplash

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.

 Jamie Condliffe

Jamie Condliffe ( @jme_c) is the executive editor at Protocol, based in London. Prior to joining Protocol in 2019, he worked on the business desk at The New York Times, where he edited the DealBook newsletter and wrote Bits, the weekly tech newsletter. He has previously worked at MIT Technology Review, Gizmodo, and New Scientist, and has held lectureships at the University of Oxford and Imperial College London. He also holds a doctorate in engineering from the University of Oxford.

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