Amazon In Talks For Buying MGM Studio For $9 Billion

Amazon has recently started to take over the entertainment area too. It is considering purchasing Metro-Goldwyn-Mayer, a James Bond movie company, and increase its capitalist girth. Amazon is bidding for MGM for $9 billion. It is not a shock that Amazon is trying to buy MGM for $9 because recently, Amazon had spent $11 billion on Amazon Prime Video. SO, $9 billion is a small amount if compared. Currently, Amazon Prime Video has more than 200 million members globally. So, clearly buying MGM will be a profitable deal for Amazon

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