Here’s why MGM has a long history of mergers and acquisitions revolving around its library.
With its $8.45 billion deal to buy MGM, Amazon will stock Prime Video with the studio’s cache of 4,000 movies and 17,000 hours of television. It’s a huge library, but notably absent are some of MGM’s most iconic films, including “The Wizard of Oz,” and “Singin’ in the Rain.” Those titles — and all other MGM movies made before 1986 — belong to WarnerMedia.
Source: Cinema Chat: Amazon Buys MGM, ‘A Quiet Place Part II’ And ‘Cruella’ Opening In Ann Arbor | WEMU