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Metro-Goldwyn-Mayer was founded on April 17, 1924, and has been owned by the Amazon MGM Studios subsidiary of Amazon since 2022
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Metro-Goldwyn-Mayer (MGM) is a leading entertainment company focused on the production and global distribution of film and TV content across all platforms
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On May 26, 2021, Amazon announced its intent to acquire MGM Holdings for $8 45 billion; the COVID-19 pandemic and the streaming market's increasing dominance due to the closure of movie theaters during the brunt of the pandemic were cited as contributing factors in MGM's decision to sell
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