James Bond has a new home: Amazon and MGM announced a definitive merger agreement under which Amazon will acquire MGM for $8.45 billion. MGM, founded in 1924, complements Amazon Studios, which has ...

This is the June 1, 2021, edition of The Wide Shot, a weekly newsletter about everything happening in the business of entertainment. Sign up here to get it in your inbox. Jeff Bezos’ online bookstore ...

MGM, a classic Hollywood brand synonymous with “The Wizard of Oz” and Leo the roaring lion, was purchased for $8.45 billion on Wednesday by Amazon (AMZN), a company currently valued at nearly $1.7 ...