Amazon nears deal to buy MGM Studios for nearly $9 billion

▤ Summary

It would mark Amazons biggest acquisition since it bought Whole Foods in 2017 for $13.7 billion. The Wall Street Journal reported earlier Monday that the deal could be announced this week. MGM owns a number of famed movie and TV franchises, including Rocky, Legally Blonde, The Pink Panther and Stargate. It also owns a studio, which has made more current hit TV shows, including "The Handmaids Tale" and "Fargo." MGM owns a number of popular reality TV shows, including "Shark Tank," "Survivor," "The Real Housewives" series and "The Voice."

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