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MGM

Netflix, Spotify Need to Offer “More and More Services” to Avoid Churn, LionTree CEO Says

WarnerMedia’s merger with Discovery. Amazon’s acquisition of MGM. Sinclair’s finance raise to launch a direct-to-consumer streaming sports push. All these deals are critical pieces of a…

MGM Nabs Sean Penn’s ‘Flag Day’ for 2021 Theatrical Release

MGM has acquired the North American rights to director Sean Penn’s Flag Day, starring daughter Dylan Penn (Elvis & Nixon). The film, which will have its world premiere at the 2021 Cannes

‘Crying in H Mart’ Set for Feature Adaptation at MGM’s Orion Pictures (Exclusive)

Crying in H Mart — the beloved New Yorker essay turned New York Times best-seller — is now set for a feature film adaptation. In a competitive situation, MGM label Orion Pictures has picked up…

Jonathan Majors in Talks to Join Michael B. Jordan in MGM’s ‘Creed III’

Lovecraft Country star Jonathan Majors is in talks to star opposite Michael B. Jordan in MGM’s Creed 3, The Hollywood Reporter has confirmed. Majors is set to be the adversary to Michael B…

How Will Amazon “Reimagine” MGM’s Film Studio?

Shortly after Amazon’s May 26 announcement that it was buying MGM in a deal valued at $8.45 billion, Amazon Studios chief Jennifer Salke and her boss Mike Hopkins held a town hall with employees…

Will Apple Be the Next Tech Giant to Buy a Studio?

Amid a wave of M&A fever, will Amazon’s $8.45 billion takeover of MGM prompt its Silicon Valley rival Apple to refresh its shopping list to include a Hollywood studio? The iPhone maker already…

Sun Valley’s “Summer Camp for Moguls” to Return Amid Megadeal Frenzy

In the early morning darkness of July 10, 2019, on a bare-bones outdoor interview set constructed on the side of a road in Sun Valley, Idaho, Discovery CEO David Zaslav laid out the case for the…

Hollywood Stakeholders Talk Return to Production at THR’s Virtual Power Lawyers Event

Over the course of the COVID-19 chaos, productions stalled, television season were halved, and once theatrically bound films went day-and-date on studio streaming services. Lawyers across the

Amazon Unveils Italian Originals Slate

Any news out of Amazon Studios this week was bound to be overshadowed by Amazon’s $8.45 billion mega-deal to acquire MGM Holdings but, undaunted, the company’s European operation on Thursday…

Jeff Bezos Weighs In on MGM Deal; Andy Jassy to Take Over as Amazon CEO July 5

Amazon bought MGM because of its “vast, deep catalogue of much beloved intellectual property,” CEO Jeff Bezos said Wednesday during the company’s annual shareholder meeting. “And with the…

How Will Amazon Run MGM?

In December, MGM Holdings unveiled a deal with Amazon Web Services. The independent studio was looking for technology “to predict content viewing and sales trends so they can forecast demand…

MGM Sold to Amazon for $8.45 Billion in Blockbuster Deal

In a landmark mega deal, Amazon is acquiring MGM Holdings — whose storied studio boasts one of the largest film and TV libraries — in a bid to turbocharge its…