Amazon.com Inc (AMZN.O) is in talks to acquire the iconic U.S. movie studio MGM, The Information reported on Monday, citing a person familiar with the matter.
The status of Amazon’s discussions with MGM is unclear and it is possible no deal may result, the report said.
The movie studio behind the “James Bond” franchise, also owns the Epix cable channel and makes TV shows, including popular shows like The Handmaid’s Tale, Fargo, Vikings and Shark Tank.
Amazon declined to comment on the report, saying it “doesn’t comment on rumors or speculation”.
In December, Reuters reported that the movie studio was exploring a sale and had tapped investment banks Morgan Stanley and LionTree LLC and started a formal sale process.
The Nigerian presidency has dismissed former Vice President Atiku Abubakar’s recent criticisms of President Bola…
In a heated response, the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has…
President Bola Tinubu, on Thursday, approved the appointment of three Nigerians as directors-general of various agencies…
The Edo State chapter of the Peoples Democratic Party (PDP) has expressed deep disappointment and anger over…
The body of the late Chief of Army Staff, Lieutenant General Taoreed Lagbaja, has arrived…
The federal government has unveiled a proposed budget of N47.9 trillion for the 2025 fiscal…