Amazon in talks to purchase MGM film studio: Report

Amazon.com Inc is in talks to accumulate the long-lasting US film studio MGM, The Information reported on Monday, citing an individual conversant in the matter.
The standing of Amazon’s discussions with MGM is unclear and it’s doable no deal might outcome, the report stated.
The film studio behind the “James Bond” franchise, additionally owns the Epix cable channel and makes TV reveals, together with in style reveals like The Handmaid’s Tale, Fargo, Vikings and Shark Tank.

Amazon declined to touch upon the report, saying it “doesn’t comment on rumors or speculation”.
In December, Reuters reported that the film studio was exploring a sale and had tapped funding banks Morgan Stanley and LionTree LLC and began a proper sale course of.