Amazon, the global tech company, has launched the famous MGM in Hollywood. Owned by Studios. It has been acquired for about Rs 61,500 crore. In 2017, Amazon acquired Whole Foods for $ 1.77 billion. This is the second largest acquisition for Amazon. MGM is one of the oldest film studios in the world. He also dominates film production and distribution.
MGM was started in 1924 as Metro Pictures. With the acquisition of Goldwin Pictures and Louis B. Meyer Pictures, the company changed its name to Metro Goldwin Mayer (MGM). The James Bond films and the boxing films Rocky were produced by MGM. Amazon also entered the entertainment industry in 2010. It currently produces and distributes American television series and films under the name Amazon Studios.
