Late last year, we reflected on how MGM, the producer who owns sagas like James Bond, embarked on an odyssey amid a pandemic to find a buyer. COVID-19 has delayed the premiere of “ No Time To Die ” several times, with Apple TV + offering prices of up to $ 400 million to be able to present it exclusively.
After several months (and surely taking into account several offers), MGM and its entire film catalog are definitely in Amazon’s hands. The purchase would have been made, as reported by our colleagues from Espinof, for approximately $ 8,450 million.
Every film in history in the hands of fewer and fewer companies
What does it mean? That Apple users can now get rid of the dream of watching Agent 007 movies on Apple TV +. This saga, as well as those of “The Hobbit” and “Rocky”. Some other films like “Robocop”, “The silence of the lambs” or “Thelma & Louise” also pass through the hands of Amazon. We do not yet know the specific plans of this company, but presumably all the MGM material except for some classics. will be part of the Prime Video catalog
MGM was one of the few big studios that still wasn’t featured in the movie and series streaming catalogs. Gradually Netflix, HBO, Amazon and Disney took over all production companies, while Apple TV + remains focused on offering its own content without including third-party content with very reasonable monthly fees. We will see how the market evolves.