Metro-Goldwyn-Mayer Studios: Difference between revisions
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On May 26, 2021, online shopping company Amazon announced its intention to acquire MGM for $8.45 billion, a deal that was finalized on March 17, 2022. On August 15, 2022, MGM announced a new distribution agreement with Warner Bros. for international markets outside of North America (including China), which excluded two titles from Orion (except Canada) and the 26th ''Bond'' film, which will be retained by Universal. As part of the deal, Warner Bros. will take over home video rights in all regions. | On May 26, 2021, online shopping company Amazon announced its intention to acquire MGM for $8.45 billion, a deal that was finalized on March 17, 2022. On August 15, 2022, MGM announced a new distribution agreement with Warner Bros. for international markets outside of North America (including China), which excluded two titles from Orion (except Canada) and the 26th ''Bond'' film, which will be retained by Universal. As part of the deal, Warner Bros. will take over home video rights in all regions. | ||
The current company and studio location are located in Beverly Hills, California. MGM owned a more well-known set of studios in Culver City from 1925 until 1986 when the backlot was sold to [[Lorimar-Telepictures]]; the lot is now owned by Sony and is known as Sony Pictures Studios. | The current company and studio location are located in Beverly Hills, California. MGM owned a more well-known set of studios in Culver City from 1925 until 1986 when the backlot was sold to [[Lorimar-Telepictures]]; the lot is now owned by Sony through [[Sony Pictures Entertainment]] and is known as Sony Pictures Studios. | ||
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