Amazon closes $8.5 billion acquisition of James Bond studio MGM

Amazon MGM
(Image credit: Amazon)

It's official: the almost 100-year old studio behind the James Bond franchise has been purchased by Amazon.

Amazon announced Thursday its $8.5 billion acquisition of the film and TV studio MGM has closed, less than one year after it was first announced, Variety reports. MGM is one of the oldest studios in Hollywood and was founded in 1924. Its catalog includes franchises like James Bond and Rocky, as well as classic films like The Silence of the Lambs.

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Brendan Morrow

Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.