MGM looks to Amazon as the Hollywood studio ties to find a buyer

Metro-Goldwyn-Mayer has been in talks to sell itself to Amazon, according to three people briefed on the matter. If completed, a deal would turbocharge Amazon’s streaming ambitions by bringing James Bond, Rocky, RoboCop and other film and television properties into the e-commerce giant’s fold.

MGM has been looking for a buyer for months, with $9 billion floated as an asking price. Apple and Comcast had previously kicked MGM’s tires and decided it was worth roughly $6 billion.

It was unclear how much Amazon might be willing to spend, according to the people briefed on the talks who spoke on the condition of anonymity because the sale process is private.