Amazon will acquire MGM for $8.45 billion

(NEW YORK) -- Amazon on Wednesday said it has signed an agreement to acquire Metro Goldwyn Mayer (MGM) for $8.45 billion. MGM's vast catalog of more than 4,000 films include Basic Instinct, Creed, James Bond, Legally Blonde and more. It also has some 17,000 TV... Read More.

Buy Now: Amazon scoops up MGM Studios for $8.45 billion

It was quite the hefty "Buy Now" click: Amazon has purchased MGM Studios -- the home of the James Bond franchise -- for a whopping $8.45 billion bucks.  The major acquisition not only gives Amazon access to upcoming films like the latest 007 adventure No Time to... Read More.